Dr. Pedro Paez talks about the creation of a new financial architecture in Latin America, based on principles of redistribution, environmental sustainability and social cohesion rather than market principles that dominated the old architecture.
The neoliberal FTAs pursued by the EU with Colombia and Peru threaten to exacerbate human rights abuses - which include killings of trade unionists, forced expropriations of indigenous people from land, and environmental destruction - for the sake of corporate profit.
"The banks are ours!" Public money was used to bail out the banks, and now they are lending back to the public at interest, while governments ignore the social and environmental crises that confront society. It is time to demand real solutions that will work not only for the sake of the economy but for the lives and conditions of people on whom it depends.
Call on your MEP to oppose EU's proposed Free Trade Agreements with Colombia, Peru and Central America because they will undermine human rights, increase unemployment and put corporate profits above human needs.
Alberto Arroyo Picard, Graciela Rodríguez, Norma Castañeda Bustamante
13 April 2009
An examination of the contrast between the EU‘s professed aims for supporting regional integration in Latin America with the actual experiences of the different regions in LA with which the EU is seeking to sign Association Agreements.