Anti-FTAA Conference in Cuba
As Australia was in the process of negotiating a Free Trade Agreement with the USA, more than 1500 people from the Americas gathered in Havana to voice their opposition to a Free Trade Agreement of the Americas. The conference, held at the end of January, looked at the current progress on the FTAA and discussed in detail the likely ramifications. The FTAA would mean a further loss of sovereignty and a reduction in the already very low living standards of millions of Latin Americans. Conference delegates adopted a plan of action to continue the struggle when they returned to their respective countries. The struggle in the Americas, including in Canada and the USA itself, is so strong that there is talk of another type of FTAA. The International Monetary Fund, the World Bank and the transnational corporations are seeking an agreement which would involve bilateral agreements with one or another nation. With the USA and its corporations dictating the agenda, this would see individual nations having to deal with the US on a one- to-one basis. The poorer and the smaller the nation the weaker its position is to stand up to US pressure. The negotiation of bilateral agreements is being used, as are regional agreements to push ahead with the WTO and IMF agenda on as many fronts as possible, especially since the serious defeats suffered by the US and its partners at Seattle and more recently, Canzn.