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ALBA: fair trade and solidarity not 'free trade'

NSC News | Tuesday, 22 September 2015 |

Millions of people around the world are protesting against the Transatlantic Trade and Investment Partnership TTIP http://www.waronwant.org/ttip and against the TPPA (Trans-Pacific Partnership Agreement).

Why? Because of the power that these so-called ‘free trade’ agreements to remove tariff barriers and strengthen to power of transnational corporations: power to sue governments, to privatise public services, to sack workers, to reduce environmental protection, and to undermine democracy.

In contrast, the Latin American and Caribbean countries of the ALBA alliance have developed relationships between states based on solidarity, cooperation complementary trade, and on respect for national and regional sovereignty.

Using Nicaragua as an example, this NSC briefing examines how, in a world driven by transnational companies and neo-liberal greed, ALBA’s principles are put into practice.