Cuba and Grenada are sealed with blood, he said. She took the opportunity to thank the Venezuelan President, Hugo Chavez Frias, by the aid and solidarity provided by the Republic of Venezuela after the passage of Hurricane Ivan in 2004, which heavily hit countries Granada.Los Alba members agreed to the creation of the Council Economic Complementation which entered into force on 24 July and will serve to sum efforts that allow advances in this sector. This instance will meet monthly and will concentrate efforts in three main areas: economic planning. Exchange and productive investment, and the development of programmes of cooperation between the States part of the Alba – Treaty of Commerce of the peoples. There were the proposals accepted and approved by the Alba countries on change of name integration system, which will be Bolivarian Alliance for the peoples of our America and agreements accepted by the Council of Economic Complementation and the Social Council and the signing of the single system of compensation that shall meet each month. The Council of the President which will discuss topics of importance every three months, the political Council which will be a spokesperson of the system and will defend the integrationist countries from external aggressions. End the blockade towards Cuba was approved and they endorsed the requests for extradition that have requested Venezuela and Bolivia to the United States of Luis posada Carriles and the Bolivian President Gonzalo Losada Sanchez. The 7th Summit will be held in Bolivia in September.
in El Chapare, province of Cochabamba (Bolivia). Chavez pointed out that mechanisms will be treated to create the economic zone, in order that countries buying products from the region and will strengthen trade. We already have the Bank of Alba, but we need great creativity to find funds, he said, and make decisions that impact the reality. In addition, highlighted the great potential that together the Alba members represent nine countries: 2 million 600 thousand km. square area, a population of 69 million 700 thousand inhabitants, GDP (gross domestic product) of 606 thousand 400 million dollars, international reserves of 44 thousand 966 million dollars, oil reserves in 176 thousand 781 million barrelsamong other original author and source of the article.