South American trade summit founders
Afp, Brasilia
A South American trade summit barely got off the ground Friday, with the absence of key leaders and the opposition of Venezuelan President Hugo Chavez. Leaders of South American nations, minus Argentina, Colombia, Guyana, Uruguay and Suriname, met in hopes of mounting a South American free-trade zone, but whose structure Chavez criticized as merely a union of Mercosur and the Andean Community, both free-trade areas. "Those institutions need to disappear," Chavez said. "If we do not do that, we are doing nothing."
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