Chavez Frias welcomes South American Community of Nations as a baby
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President Hugo Chavez Frias
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Presidents of 12 South American countries have agreed in Cuzco (Peru) to start an integration program that eventually will see one monetary system and one common Constitution.
Argentina, Bolivia, Brazil, Colombia, Chile, Ecuador, Guyana, Paraguay, Peru, Surinam, Uruguay and Venezuela are signatories while Mexico and Panama have attended as observers.
The absence of Presidents Nestor Kirchner (Argentina), Jorge Batlle (Uruguay), Lucio Gutierrez (Ecuador) and Nicanor Duarte (Paraguay) is seen as significant, indicating certain reservations about the deal.
- The role of Brazil in the new line up is said to have made the latter countries uneasy.
Hosting the meeting, Peruvian President Alejandro Toledo has proclaimed that South American Liberator Simon Bolivar's dream is being realized.
The Presidents of Peru and Brazil have taken the first step in forging the new integration plan by signing an agreement to build a highway uniting Brazil with Peruvian ports.
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President Hugo Chavez Frias
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Venezuelan President Hugo Chavez Frias has welcomed the birth of the South American Community of Nations as precisely that, as a baby ... "we have to take care of it, feed it and take it along the right road."
The President is happy that the other nations have accepted his proposal to set up a continental social emergency fund.
However, some analysts suggest that the new creation is the result of Brazilian diplomacy and some go further, calling Brazil a proxy of the USA after the latter's failure to impose its Free Trade for the Americas Agreement (FTAA).
