XXIV ALBA-TCP Summit: Meeting in Caracas to Define Strategies Towards 2030

ALBA-TCP, which emerged as a response to the failed Free Trade Area of the Americas (FTAA) project, comprises countries such as Bolivia, Nicaragua, Cuba, and Venezuela, among others. Over its two decades, it has promoted regional integration and strengthened ties of friendship and cooperation. Dec 13, 2024 Photo: ALBA-TCP

December 13, 2024 Hour: 10:39 pm

ALBA-TCP, which emerged as a response to the failed Free Trade Area of the Americas (FTAA) project, comprises countries such as Bolivia, Nicaragua, Cuba, and Venezuela, among others.

Delegations from the member countries of the Bolivarian Alliance for the Peoples of Our America-People’s Trade Treaty (ALBA-TCP) met this Friday at the Antonio José de Sucre Yellow House in Caracas, with the aim of drafting a proposal that defines the lines of action necessary to achieve the objectives set out in the 2030 Strategic Agenda.

This meeting is part of the preparation for the XXIV ALBA-TCP Summit, which will take place on Saturday and will feature special participation from representatives of Honduras and Palestine.

Venezuela’s Minister of People’s Power for Foreign Relations, Yvan Gil, announced that the document to be presented to President Nicolás Maduro during the summit seeks to “position the Alliance as a powerful geopolitical actor.” This strategic approach is essential to address the political, geopolitical, and economic challenges expected for the period from 2025 to 2030.

The XXIV ALBA-TCP Summit is being held on the twentieth anniversary of this integration bloc, which was created on December 14, 2004, by then-presidents Hugo Chávez and Fidel Castro in Havana.

Jorge Arreaza, executive secretary of ALBA-TCP, stressed that this meeting reaffirms the principles of solidarity and cooperation that have characterized the Alliance throughout its history.

ALBA-TCP, which emerged as a response to the failed Free Trade Area of the Americas (FTAA) project, comprises countries such as Bolivia, Nicaragua, Cuba, and Venezuela, among others.

Over its two decades, it has promoted regional integration and strengthened ties of friendship and cooperation.

With this meeting and the upcoming summit, ALBA-TCP seeks to consolidate its role as a reference point in Latin American and Caribbean integration while reaffirming its commitment to sustainable development and solidarity among its members.