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April 6, 2023
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First meeting of the Alliance of Latin American and Caribbean Countries against Inflation held

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Representatives of ten Caribbean and Latin American countries met virtually for the first time in the Alliance of Latin American and Caribbean Countries against Inflation, an initiative led by Mexican President Andrés Manuel López Obrador.

On March 1, 2023, the Aztec president summoned his counterparts from Colombia, Cuba, and Argentina to a videoconference, an idea to which other regional actors added to “confront inflation and help each other.”

Yesterday, there were ten States represented. The ultimate goal is “to expand the call to all countries in the region.”

This first meet He achieved two agreements: to hold a face-to-face summit in Cancun on May 6 and 7, and to form a technical working group to identify facilities and logistical or financial measures that allow “boosting regional trade” between the participating nations.

«We can make exchanges economically, commercially. If we agree and remove obstacles, tariffs, sanitary measures and each country has something to offer for consumers, all with the purpose that food and basic products can arrive at a better price and we can face inflation,” he said during the meeting. yesterday López Obrador.

The President of Argentina, Alberto Fernández, participated from the official residence of the Embassy in Chile. “We are convinced that Latin America and the Caribbean can work together. We must strengthen trade integration and exchange,” she said.

In addition to ministers from different portfolios, the meeting was attended by the presidents Gabriel Boric (Chile), Lula da Silva (Brazil), Miguel Díaz-Canel (Cuba), Luis Arce (Bolivia), Gustavo Petro (Colombia), Xiomara Castro (Honduras), Ralph Gonsalves (Saint Vincent and the Grenadines) and Prime Minister Juan Antonio Briceño (Belize).

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