The Bolivarian Alliance for the Peoples of our America - Peoples' Trade Treaty (ALBA-TCP), proposed a series of projects that will be carried out to improve the quality of life of the peoples and to overthrow the commercial hegemony of the United States. teleSUR
Category
🗞
NewsTranscript
00:00The Bolivarian Alliance for the Peoples of America's People's Trade Treaty, or ALBA-TCP,
00:10proposed a series of projects that will be carried out to improve the quality of lives
00:15of the peoples and to overthrow the commercial hegemony of the United States.
00:19Let's see.
00:20In the economic sphere, ALBA-TCP announced the creation of a single virtual currency
00:25that will operate through a regional monetary council to reduce the dominance of the US
00:30dollar in Latin America and facilitate trade between the member countries of the bloc.
00:35In the banking area, the members reaffirmed their commitment to make the ALBA Bank the
00:40financial powerhouse of the bloc, whose goal will be to prioritize the financing of projects
00:46for the social development of the peoples, as well as to assist those who need it most.
00:51In addition, the ALBA bloc proposes the creation of a Council for Human Rights, made up of
00:56experts from each region, to protect the rights of the Latin American and Caribbean population
01:01through educational and awareness programs, as well as to support the most vulnerable
01:05communities in the continent.
01:08With these projects, ALBA-TCP is committed to building a fairer, more equitable, and
01:13sovereign region, with the aim of improving the quality of life of the peoples and promoting
01:17a sustainable development based on solidarity.