CELAC: Speaking for Latin America and the Caribbean
Alex Main, Center for Economic Policy and Research: "The Community of Latin American and Caribbean States (CELAC) ... includes every nation in the Western Hemisphere with the exception of the United States and Canada and is seen by many as a potential rival to the region's foremost multilateral organization, the Washington-based Organization of American States (OAS).... The (resulting) Action Plan also commits the group to developing a 'strategy to design a new regional financial architecture ... based in the principles of justice, solidarity and transparency.'"
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