Will Obama join the ALBA Trade Bloc before or after he rewrites the Constitution?
President Evo Morales of poor but gas-rich Bolivia joined the TCP on April 29, 2006, only days before he announced his intention to nationalize Bolivia's hydrocarbon assets.
Newly elected President Daniel Ortega of Nicaragua signed the agreement in January 2007; Venezuela agreed to forgive Nicaragua's US$31 million debt as a result. On February 23, 2007, Ortega visited Caracas to solidify Nicaragua's participation in ALBA.. However, Nicaragua is also a member of the Central America Free Trade Agreement (CAFTA).
Rafael Correa, the president of Ecuador, signed a joint agreement with Hugo Chávez, to become a member of ALBA once he became president. Ecuador officially joined in June 2009.
In January 2008, the Caribbean island nation of Dominica joined ALBA.
On August 25 2008, Honduran President Manuel Zelaya signed an agreement to join the ALBA, with a rally in front of the Presidential House that was attended by many of the presidents of the countries that are part of ALBA, including Chávez and Morales. Congress approved ALBA on October 9, 2008.
- Joan JLv 61 decade ago
I think there's a mistake regarding presidents, G.W. Bush blatantly said the constitution "Is just a piece of paper" We need to keep facts straight.
- Debra HLv 71 decade ago
I think Obama should consider very carefully before he touches the constitution.. very carefully!
- ValentineLv 41 decade ago
Why do even ask questions considering you don't seem to read the answers?