Another way is possible: fair trade, cooperation and solidarity
Nicaragua and the Bolivarian Alliance for the Peoples of our America (ALBA)
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.
Formed in 2004 by Cuba and Venezuela, ALBA is a bloc of Caribbean and Latin America countries that believe that unity is essential to addressing the problems of poverty, inequality, exclusion and climate change. States that make up ALBA include Antigua and Barbuda, Bolivia, Cuba, Dominica, Ecuador, Nicaragua, Saint Vincent and the Grenadines, and Venezuela.
‘ALBA means daybreak, hope, a new opportunity for Latin American nations to use their resources for trade exchange to escape from poverty and ensure a more ensure a more just distribution of wealth. That is why we categorically recognise the positive impact of ALBA on Nicaragua. With ALBA it isn’t a case of I get what I want and everyone else can get swept away on the tide.’ Walmarro Guitierrez Mercado, Economic Commission of the Nicaragua National Assembly
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 being put into practice.