US Economic Hegemony: Consolidation and Deepening of the Pacific Alliance Trade Bloc

Just days after the Pacific Alliance Summit, Vice President Joe Biden met with Colombian President Juan Manuel Santos where he praised the progress the economic bloc has made and also expressed interest in the U.S. joining as an observer country. On July 19, the Department of State announced U.S. participation as an observer in the group. While full membership may be far off, the U.S. is expanding cooperation with Alliance members. Over the years, there has been a steady erosion of U.S.-Latin American relations. Some analysts have pointed out that that both the U.S. and Canada’s grip on Latin America is loosening. This ties in with an article from Global Research which noted that the Obama administration is stepping up its strategy of regime change against the left-of-center governments in the region. The U.S. could use the Pacific Alliance as a means to recover political and economic influence in Latin America.


When Prime Minister Stephen Harper attended the Pacific Alliance Summit in May, it was expected that he would request full membership. Canada already achieved observer status back in November 2012. While Harper acknowledged their accomplishments, he said that it was too soon to decide whether Canada should join the trade bloc. During his trip, Harper also took the opportunity to meet with mining company executives. The Conservative government has been criticized for not putting enough emphasis on corporate accountability with regards Canadian mining operations in the region. Maude Barlow explained that, “The Pacific Alliance, like Canada’s existing trade and investment deals in Latin America, puts the profits of those companies above anything else. The deals, like the Alliance, have nothing to say about the environmental and human rights impact of mining in the region.” The Pacific Alliance appears to be another attempt to accelerate the privatization of natural resources. It goes against the efforts of some Latin American countries that have joined together to fight the growing problem of investor-state privileges found in NAFTA-style trade agreements. These rules allow foreign corporations to sue for any potential profit losses related to government policies.

A recent article by Eric Farnsworth advocated linking NAFTA with the Pacific Alliance. He recommended that the leaders from both trade groups, “should consider meeting to forge a pragmatic economic agenda for cooperation. This offers an important opportunity to kick-start a common agenda with willing partners that has languished since the FTAA.” Farnsworth also described how, “building out a NAFTA-Pacific Alliance economic relationship would improve the collective regional approach toward the Asia-Pacific region, which currently includes precisely the same Western Hemisphere nations within APEC and the Trans Pacific Partnership (TPP) negotiations except Colombia. It would also offer a means to improve market efficiencies and update NAFTA without the need to re-open or re-negotiate its provisions.”

Views: 63

Reply to This

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

tjdavis favorited Burbia's blog post The Illusion of Fuck You Money
Sunday
tjdavis posted a video

Hi-Rez & Jimmy Levy - This Is A War (Official Video)

Disclaimer: The views, information, opinions and/or activities expressed in this video are solely those of the individuals appearing in the video, and do no...
Sunday
Doc Vega posted photos
Friday
tjdavis posted a video

Berlin 1945: Waiting for the End | Diary of a Metropolis UNCENSORED FOOTAGE

At the beginning of 1945, Berlin is under the illusion that they will survive the war. Every day there are bombing attacks, fires to be extinguished, and cor...
Friday
Burbia posted a blog post

The Illusion of Fuck You Money

The United States use to have this idea that once you make enough money, you.can do as you want.…See More
Thursday
tjdavis posted videos
Thursday
tjdavis posted a blog post
Thursday
Less Prone favorited cheeki kea's photo
Wednesday
cheeki kea posted a photo
Jan 19
Less Prone favorited tjdavis's video
Jan 19
Less Prone posted a video

“I Helped Build It!” A WEF-Davos Insider EXPOSES The Great Reset

Former investment banker and ESG “whistleblower” Desiree Fixler joins The Winston Marshall Show to expose what she says is one of the biggest financial scams...
Jan 19
Doc Vega posted a blog post

One Step Too Far Weighs in on Current Events

We now bring you this week's program on One Step Too Far. Bear with us as more BS floats to the…See More
Jan 18
Burbia's blog post was featured

A Masterclass Is Being Played Out For Those Who Have The Eyes To See

A question can be asked, why do Jews want a multicultural community in a host society? It is to…See More
Jan 18
Doc Vega's 4 blog posts were featured
Jan 18
tjdavis's blog post was featured
Jan 18
cheeki kea commented on Burbia's video
Thumbnail

the WITCH language of MYSTERY BABYLON (DOCUMENTARY)

"Great video to watch, and it turns out english is a bizarre and formidable language in its…"
Jan 17
cheeki kea favorited Burbia's video
Jan 17
Less Prone left a comment for Roberto Castorena
"Welcome to a revolutionary concept in public communication, the truth."
Jan 15
Less Prone posted a blog post

Reiner Füllmich imprisoned for investigating the Covid scandal

Rainer Füllmich, a lawyer investigating the Covid scandal was illegally captured in Mexico in…See More
Jan 15
Burbia posted a video
Jan 15

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted