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Part of the book series: Studies of the Americas ((STAM))

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Abstract

This chapter analyses implementation of the People’s Trade Agreement (TCP), a framework for cooperative, state-led, complementary trade and investment agreements between ALBA members. The aim was to mutually reinforce endogenous development, promote multipolarity, and legitimise left-of-centre ideas and governments by using the regional level to empower the poor and the marginalised. Though Venezuela’s withdrawal from the Andean Community allowed for negotiation of a TCP-compatible trade regime with Ecuador, attempts to concretise the TCP in both multi- and bilateral forms only consumed scarce human and material resources without producing any new agreement. Structural and historical legacies were not properly anticipated. Real, potential, and perceived clashes with other international institutions limited its reach. Bureaucratic sloppiness and resistance flourished in a context of weak accountability. Divisions over development strategies played out across national governance structures. And the ultimate failure of negotiations dealt a severe blow to ALBA’s credibility.

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Notes

  1. 1.

    Personal interview, 23 June 2011.

  2. 2.

    Personal interviews, 28 April 2015, 30 April 2015.

  3. 3.

    Personal interview, 30 April 2015.

  4. 4.

    Personal interview, 28 June 2011.

  5. 5.

    Personal interview, 30 June 2011.

  6. 6.

    Personal interviews, 23 June 2011 and 30 April 2015.

  7. 7.

    Personal interview, 28 June 2011.

  8. 8.

    Personal interview, 23 June 2011.

  9. 9.

    Personal interview, 30 April 2015.

  10. 10.

    Personal interview, 23 June 2011.

  11. 11.

    Personal interview, 23 June 2011.

  12. 12.

    Personal interview, 6 July 2011.

  13. 13.

    Personal interview, 6 July 2011.

  14. 14.

    Personal interview, 29 April 2015.

  15. 15.

    Personal interviews, 29 June 2011, 6 July 2011, 7 July 2011.

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Cusack, A.K. (2019). The People’s Trade Agreement (TCP). In: Venezuela, ALBA, and the Limits of Postneoliberal Regionalism in Latin America and the Caribbean. Studies of the Americas. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-349-95003-4_4

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