'It is encouraging that the Mexican leader is attempting to steer the discussion away from neoliberalism and towards a positive vision for the entire hemisphere.'
Each Summit of the Americas, like the one taking place in Los Angeles June 6-10, offers an opportunity for people from Latin America and the Caribbean to assess the state of unity—or division—in the face of U.S. imperialism and corporate power.
Originally proposed by President George H.W. Bush, in the end the agreement was abandoned by President George W. Bush in the face of resistance from Brazil and other Latin American governments. This was a major victory for social movements that had come together in a Hemispheric Social Alliance to fight this project of geostrategic domination in the service of economic elites.
"Neither the U.S. nor Europe succeeded in signing FTAs with countries other than those with the most neoliberal governments in Central America, Chile, Peru, Colombia, . But they haven't been able to do the same with countries where movements were stronger and where governments were allied with social movements in the struggle against the FTAA, for example Venezuela and the South American countries in the MERCOSUR bloc.
Karen Hansen-Kuhn, the U.S. Alliance for Responsible Trade spokesperson then and today a program director at the Institute for Agriculture and Trade Policy, wrote in the introduction that the analysis… We concluded that the draft text was essentially a copy and paste of NAFTA's rules granting excessive powers to corporations. These included supranational dispute settlement mechanisms to allow corporations to sue governments over a long list of so-called"investor rights," such as the right to protection against public interest regulations and other government actions that reduced the value of their investments.
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