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Next South America - Africa Summit to be held in Venezuela

The president of the Bolivarian Republic of Venezuela, Hugo Chávez confirmed Monday that on September 26 and 27 the Second South America – Africa Summit will be held on Margarita Island, in the Venezuelan state of Nueva Esparta (northeast). Representatives from Central American and Caribbean nations will also participate.
The announcement was made by President Chavez during the Special Summit of the African Union (UA) in the Libyan capital Tripoli.
“In September Venezuela will host the African Union – UNASUR Summit. For this reason I want to confirm, from Libya, the invitation to each and every president of the African Union so that we can make the effort to attend this new continental engagement,” stated the president.
Chavez stated that before the ASA Summit Venezuela will hold a meeting to address vital proposals to find solutions that will strengthen unity, liberty and development for the peoples of Africa and Latin America.
Among the proposals is the creation of a joint bank for Latin America and Africa that would bring the economic systems of both continents closer, such as the creation of a new currency for the international commerce of the south.
President Chavez will also propose the creation of an educational system that links universities and institutes of study in both regions, to empower the youth based on new geopolitical realities.
Likewise, Chavez will propose forming common structures for petroleum and gas public companies on both continents and initiate efforts to produce foodstuffs and medicines and increase industrial development.
Bolivarian News Agency, Press Unit of the Embassy of the Bolivarian Republic of Venezuela to the United States / September 1, 2009.

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