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Latin American Integration Economic Solution


Latin American Integration Economic Solution

Caracas - Permanent Secretary of the Latin American Economic System (SELA)) Jose Rivera stressed that integration is the best solution for development in the region.

I think we have not given regional integration the speed and necessary urgency it requires, Rivera stated in an interview with Prensa Latina at the institute headquarters.

We have lacked implementation of these efforts, and should do so, since integration is the best solution for development in Latin America and the Caribbean, he added. Rivera put forward that solidarity is a main requisite for integration and that we need more solidarity to better consolidate integration.

He recalled that while Europeans signed the Rome Treaty in 1957, the first Montevideo Treaty was signed in 1960, with the intention to boost Latin American regional integration. We can see where Europe is now and that we still have a long way to go, though he did recognize progress on the issue of tariff preferences.

Rivera stressed the need to tackle this challenge as soon as possible, particularly because of the deep international economic crisis.
 
 
 
 
 

 

 

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