Venezuelan President Hugo Chavez has announced plans to hold an alternative summit on the global financial crisis to counter the meeting of world leaders currently taking place in Washington.
“We will hold in Caracas a summit of small countries to adopt decisions on overcoming the financial crisis,” national media reported Chavez as saying at a United Socialist Party of Venezuela meeting.
Chavez said that he would invite representatives from the Bolivarian Alternative for the Americas trade bloc (ALBA) and members of the Petrocaribe oil initiative to attend the summit. The two groups include a large number of Latin American and Caribbean countries.
He did not give a date for the summit.
On Friday, Chavez accused the G20 of ignoring the world’s smaller countries. He also expressed doubt that its November 14-15 summit in Washington would be able to come up with measures to tackle the economic “hurricane” that he says the U.S. has caused.
The original source of this article is RIA Novosti
Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]
www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the
copyright owner.