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SELA Discusses
Inter-American Trade
SELA Discusses
Inter-American Trade
Caracas - The economic policy of US
President Barack Obama's administration and
its implications for Latin American and
Caribbean nations are to be analyzed Tuesday
in a seminar organized by the SELA.
The 27-member Latin American Economic System
(SELA) and representatives from regional and
international organizations are expected to
attend the event.
The meeting takes place at the regional
institution and the seminar will be
officially opened by Jeronimo Cardozo,
chairman of the Latin American Council of
SELA, the Uruguayan ambassador, and the
organization's permanent secretary Jose
Rivera.
The main issue of the forum is to identify
elements to establish an inter-American
economic agenda according to regional
developmental interests.
The document "Economic Relations between the
United States, Latin America and the
Caribbean within the context of the global
crisis" will be presented in the gathering.
The text refers to the current world
economic crisis that could become the most
severe crisis since the Great Depression of
the 1930's, and Obama's inauguration in the
political order, "the most significant
change of leadership since 1932."
Those two elements imply that trade and the
rest of economic relations between
Washington and its partners could face
greater challenges in the coming months, and
even years, the regional organization
states.
SELA will interrogate how regional trade
initiatives can be stated now that the Free
Trade Area is not a feasible option, and if
it would be profitable for other Latin
American and Caribbean countries to
negotiate new free trade treaties with the
United States. |
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