Changes

Venezuela had belonged to the Andean Community of Nations since 1973. In 2006 the Venezuelan government withdrew the country from the bloc when two of its members (Colombia and [[Peru]]) signed free trade agreements with the United States.  

Venezuela had belonged to the Andean Community of Nations since 1973. In 2006 the Venezuelan government withdrew the country from the bloc when two of its members (Colombia and [[Peru]]) signed free trade agreements with the United States.  

Additionally President Chávez has proposed the creation of the Bolivarian Alternative for the Americas (ALBA), another international organization which would promote the cooperation between the Latin American and Caribbean republics. This bloc pretends to be the opposite to the Free Trade Area of the Americas (FTAA), the organization proposed by the United States. At the moment Venezuela, [[Cuba]], [[Nicaragua]] and [[Bolivia]] are trying to apply the principles of the ALBA among themselves through an agreement called “Tratado de Comercio de los Pueblos/Peoples’ Trade Agreement” (TCP). [[Ecuador]] is considering joining the group.

Additionally President Chávez has proposed the creation of the [[Bolivarian Alternative for the Americas]] (ALBA), another international organization which would promote the cooperation between the Latin American and Caribbean republics. This bloc pretends to be the opposite to the Free Trade Area of the Americas (FTAA), the organization proposed by the United States. At the moment Venezuela, [[Cuba]], [[Nicaragua]] and [[Bolivia]] are trying to apply the principles of the ALBA among themselves through an agreement called “Tratado de Comercio de los Pueblos/Peoples’ Trade Agreement” (TCP). [[Ecuador]] is considering joining the group.

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