On 5 December this year signed the founding charter of the Banco del Sur , a proposal led by President of the Republic of Venezuela, Hugo Chávez Frías.
The information was released by the People's Minister for Foreign Affairs, Nicolás Maduro, who is attending the Fourth Special Meeting of the Southern Common Market (Mercosur) in Montevideo, Uruguay. He said, by Venezolana de Television , that South America should continue to promote the integration mechanisms that already exist and are born, as the South Bank. He said South
should bet on their own projects to ensure their financial security, food, energy.
South Bank stems from a historical and sovereign decision given by the President of the Bolivarian Republic of Venezuela, Hugo Chávez Frías.
South Bank pursues as central objective be independent of neoliberal economic policies of these institutions, it is also a precursor to the proposed creation common currency of the South, pointing to the sovereign use of capital in favor of the people. This proposal also involves the Government of Argentina.
The information was released by the People's Minister for Foreign Affairs, Nicolás Maduro, who is attending the Fourth Special Meeting of the Southern Common Market (Mercosur) in Montevideo, Uruguay. He said, by Venezolana de Television , that South America should continue to promote the integration mechanisms that already exist and are born, as the South Bank. He said South
should bet on their own projects to ensure their financial security, food, energy.
South Bank stems from a historical and sovereign decision given by the President of the Bolivarian Republic of Venezuela, Hugo Chávez Frías.
South Bank pursues as central objective be independent of neoliberal economic policies of these institutions, it is also a precursor to the proposed creation common currency of the South, pointing to the sovereign use of capital in favor of the people. This proposal also involves the Government of Argentina.
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