Published: 04 December, 2011, 09:58

Ecuador's President Rafael Correa, Colombia's President Juan Manuel Santos, Bolivia's President Evo Morales, Venezuela's President Hugo Chavez, Argentina's President Cristina Kirchner, Brazilian President Dilma Rousseff and Cuban President Raul Castro (From Lto R, first row) pose for the family picture of the Community of Latin American and Caribbean States (CELAC) summit on December 2, 2011 in Caracas (AFP Photo / LEO RAMIREZ)

Thirty-three Latin American leaders have come together and formed a new regional bloc, pledging closer economic and political ties. The Community of Latin American and Caribbean States (CELAC) pointedly excludes the US and Canada.

­On the second day of a summit in the Venezuelan capital, Caracas, all Latin American leaders, both right and left, officially signed into effect the formation of the CELAC bloc. The foundation of the bloc has been praised as the realization of the two-centuries-old idea of Latin American “independence” envisioned by Simon Bolivar.

Analysts view CELAC as an alternative to the Washington-based Organization of American States (OAS) and as an attempt by Latin American countries to reduce US influence in the region.

“As the years go by, CELAC is going to leave behind the old and worn-out OAS,” Venezuelan President Hugo Chavez said at the inauguration of the bloc on Friday.

“It's the death sentence for the Monroe Doctrine,” said Nicaragua's President Daniel Ortega said.

However Washington does not see CELAC as a replacement to OAS. US Department of State spokesman Mark Toner said the US will continue “to work through the OAS as the pre-eminent multilateral organization, speaking for the hemisphere.”

Political analyst Omar Jose Hassan Farinas told RT’s Spanish channel the US views CELAC as a potential threat to its hegemony in the region.

Chavez also read out statement opposing the US trade embargo on Cuba. Havana, which is not a member of the OAS, has joined the new regional bloc.

“No more interference. Enough is enough! We have to take shape as a center of the world power and demand respect for all of us as community and for each one of our countries,” Venezuelan leader said.

The 33 leaders pledged to withstand the financial crisis that has struck Europe and other developed countries.

Brazil’s Dilma Rousseff stressed that the Latin American countries would need to rely more on their neighbors amid the global economic turmoil.

“The economic, financial crisis should be at the center of our concerns,” Rousseff said Friday night. She said Latin America should “realize that to guarantee its current cycle of development despite the international economic turbulence, it means that every politician must be aware that each one needs the others.” 

Chilean President Sebastian Pinera, who assumed the initial rotating presidency at CELAC, expressed hopes that the bloc would help build regional cooperation despite the differences between some of the 33 member states.

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