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Wednesday, October 17, 2007

Correa invites Chávez to rejoin the Andean Community

El Universal, October 12, 2007

During the opening ceremony of the Venezuela-Colombia gas pipeline, Ecuadorian President Rafael Correa once again invited his Venezuelan counterpart Hugo Chávez to return to the Andean Community of Nations (CAN).

"Dear Hugo, once again we are making this invitation to you, a petition for Venezuela to go back to the CAN, its natural setting, a setting it should have never left. We are aware of CAN deficiency, so let us draft a document with the minimum requirements -just like we talked earlier- and all the presidents are going to sign it. If, within one year, CAN does not work, then we all will leave, because we are not willing to waste time."

Correa also talked about the execution of the articles of agreement of the Bank of the South, scheduled for November 3 in Caracas. He branded the institution as "a new powerful development bank in the region."

He suggested taking "another step" towards regional integration by creating a "Latin American fund of reserves."

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