April 26, 2024

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Yet another coalition for progress or a Biden-style free trade agreement?  - newspaper invaders

Yet another coalition for progress or a Biden-style free trade agreement? – newspaper invaders

In Mexico echoes Ninth Summit of the Americas They hardly heard, as if they had rang an antenna.

The final declaration is hardly known, nor is the so-called Alliance for Economic Prosperity in the Americas issued by the White House, although the Mexican Foreign Ministry has said it will join the signatories.

It’s a matter of waiting, because so far it’s a kind of LOI with no program or structure.

Even the name sounds like a carbon copy of that distant and failed 1961 coalition for progress at the time of former President John F. Kennedy against Cuba, with the Organization of American States, as now, as a useless hero and mercenary, buried in 1970 after its failure.

A quarter of a century later, at another summit like this one in Los Angeles, but held in December 1994 in Miami, President William Clinton – who instituted the embargo against Cuba and made it into law by signing the Helms Burton– He proposed the establishment of the Free Trade Area of ​​the Americas (FTA).

The results were far worse than those of the Alliance for Progress, and were finally buried in Mar del Plata under another summit, the Fourth Summit, chaired by George W. Bush, and Vicente Fox, of Mexico, commissioned by Casablanca. Blanca to defend it.

It was an unforgettable summit of the peoples, as the President of Venezuela, Hugo Chávez, called “Fata, to hell.”

But the Free Trade Agreement of America (FTAA) was not the last attempt by the United States to control its own backyard through trade.

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Exactly 14 years after this major failure, another president, Donald Trump, used the same scheme, which also showed his lack of ingenuity.

On December 11, 2019, he proposed his America Grows initiative, which somewhat consists of the same thing Biden expressed in his letter of intent.

Trump could have called it the cliched name Biden used, the Coalition for Prosperity, but it was more creative. His replacement was able to name his book America Grows thus saving time, work and money because, even what is published, is the same.

Their alliance, to be precise, has several headlines, according to the Spanish version of the US Secretary of State’s fact sheet: making supply chains more resilient, modernizing core negotiations, creating clean energy jobs to advance decarbonization and biodiversity, ensuring sustainability and inclusive trade.

Very little is known about the project so far, and the only thing new about these goals is the word “resilient” which was out of fashion at the time of the Alliance for Progress and America Grows.

Biden also reiterated the same value judgment as his predecessors: This is a “historic new bargain to promote economic recovery and growth” because “income inequality is rising, and millions of people are falling into global poverty and inflation, exacerbated by the Putin’s war in UkraineIt puts families’ budgets on the line.”

It is so good that the President of the United States discovers that millions of people are “falling back” – as if they have never been – into poverty, as pathetic as it may sound.

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It is not clear if the $3.2 billion pledged at the summit to end the root causes of mass migration, a deal alongside $40 billion in arms for Ukraine, is part of the alliance’s budget.

The purpose is similar to that of Kennedy, Bush and Trump with their respective alliances: to reassert hegemony in all of America, although in Biden’s case with the addition of gaining support in his confrontation with Russia and China. In fact, that was the goal of the summit.

Hopefully, the alliance will serve Mexico to extract a commitment from Biden to invest in the plans of El Salvador, Honduras and Guatemala, the main immigration emitters, which the White House and the US government have not yet released a single dollar. President Andres Manuel Lopez Obrador faces them alone.