Latin American leaders asked Europe to offer practical help and not dictate solutions. "We are not here to be lectured at. We will only accept advice," said Argentine Foreign Minister Carlos Ruckhauf. At the request of Colombian President Andres Pastrana, EU leaders agreed to consider adding the leftist guerrilla group the Revolutionary Armed Forces of Colombia, or FARC, to the EU terrorist list. Latin America has been shaken in recent months by the collapse of the Argentine economy, political chaos in Venezuela and resurgent violence in Colombia. The summit marked the first trip abroad for Venezuelan President Hugo Chavez since a failed coup against him in April.
The EU initialed a new "association agreement" with Chile, which will free up $7.7 billion worth of trade. The deal, which will be signed formally in a few months, comes two years after a similar accord with Mexico. Despite concerns about economic progress, EU-Latin American trade has doubled over the past decade, making the region the EU's second largest trading partner. EU exports totaled $51 billion while its imports from Latin America amounted to $45.6 billion. [End]
The Venezuelan leader, who won fame in a failed 1992 coup against painful International Monetary Fund-backed reforms in his oil-rich nation, said an international pledge at the Millennium Summit in 2000 to halve world poverty appeared to have been forgotten. "I don't think there is any political will in the world at the moment to do that," the Venezuelan leader said. "We are in a labyrinth with no escape". He added that the European Union and Latin America had made little progress towards a "strategic alliance" since the first meeting of regional leaders in Rio de Janeiro in 1999. "What have we done in the last three years? We have not taken may steps forward," he added. "I do not see any trace of grand policy at these summits."
No stranger to controversy, Chavez's three-year-old "democratic revolution" has divided his South American nation along class lines, with many among the poor majority keeping faith with his pledge to increase social justice despite bitter opposition from economic elites.***