What does ALBA mean in Unclassified?
This page is about the meanings of the acronym/abbreviation/shorthand ALBA in the Miscellaneous field in general and in the Unclassified terminology in particular.
Altered Lives Big Adaptations
Submitted by S4Bot on December 4, 2018
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Definition
What does ALBA mean?
- ALBA
- ALBA or ALBA–TCP, formally the Bolivarian Alliance for the Peoples of Our America (Spanish: Alianza Bolivariana para los Pueblos de Nuestra América) or the Bolivarian Alliance for the Peoples of Our America – Peoples' Trade Treaty (Spanish: Alianza Bolivariana para los Pueblos de Nuestra América – Tratado de Comercio de los Pueblos), is an intergovernmental organization based on the idea of political and economic integration of Latin American and Caribbean countries. Founded initially by Cuba and Venezuela in 2004, it is associated with socialist and social democratic governments wishing to consolidate regional economic integration based on a vision of social welfare, bartering and mutual economic aid. The ten member countries are Antigua and Barbuda, Bolivia, Cuba, Dominica, Grenada, Nicaragua, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines and Venezuela. Suriname was admitted to ALBA as a guest country at a February 2012 summit. ALBA nations may conduct trade using a virtual currency known as the SUCRE. Venezuela and Ecuador made the first bilateral trade deal using the Sucre, instead of the US dollar, on 6 July 2010. Ecuador withdrew from the group in August 2018.The name initially contained "Alternative" instead of "Alliance", but was changed on 24 June 2009.
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"ALBA." Abbreviations.com. STANDS4 LLC, 2024. Web. 12 Jun 2024. <https://www.abbreviations.com/term/2031659>.
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