Comments on: Bank of the South: Another step toward Latin American integration http://www.coha.org/bank-of-the-south-another-step-toward-latin-american-integration/#utm_source=rss&utm_medium=rss&utm_campaign=bank-of-the-south-another-step-toward-latin-american-integration COHA is an NGO specialized in monitoring Latin American and Canadian Relations for more than 30 years... Thu, 18 Mar 2010 22:53:19 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: John http://www.coha.org/bank-of-the-south-another-step-toward-latin-american-integration/comment-page-1/#comment-2221 John Wed, 12 Dec 2007 00:45:12 +0000 http://www.coha.org/2007/12/07/bank-of-the-south-another-step-toward-latin-american-integration/#comment-2221 I like the concept. Are there any plans for the Bank of the South to expand into the private sector and service the needs of the individual citizen? Personal accounts? Business accounts? Even though I live in the North, I would certainly switch my accounts, personal and business, to any viable alternative rather than continue feeding the US banking institutions. I like the concept. Are there any plans for the Bank of the South to expand into the private sector and service the needs of the individual citizen? Personal accounts? Business accounts? Even though I live in the North, I would certainly switch my accounts, personal and business, to any viable alternative rather than continue feeding the US banking institutions.

]]> By: Sean http://www.coha.org/bank-of-the-south-another-step-toward-latin-american-integration/comment-page-1/#comment-2214 Sean Tue, 11 Dec 2007 20:49:07 +0000 http://www.coha.org/2007/12/07/bank-of-the-south-another-step-toward-latin-american-integration/#comment-2214 Brian, I've been doing a bit of research on the Bank for a professor at AU (Master's work in Int. Development) - no one has mentioned that there are explicit conditions as far as trade deals, the consensus seems to be that the trade deals are a form of US influence to prevent people from joining the initiative. Also, Colombia has expressed interest in joining, but is ostensibly worried about having to commit foreign exchange reserves rather than money from their treasury. Given that they have one trade deal and are pushing for another with the US, that would indicate that it isn't an explicit requirement, but more a form of anti-Bank pressure by the US. Brian,

I’ve been doing a bit of research on the Bank for a professor at AU (Master’s work in Int. Development) – no one has mentioned that there are explicit conditions as far as trade deals, the consensus seems to be that the trade deals are a form of US influence to prevent people from joining the initiative. Also, Colombia has expressed interest in joining, but is ostensibly worried about having to commit foreign exchange reserves rather than money from their treasury. Given that they have one trade deal and are pushing for another with the US, that would indicate that it isn’t an explicit requirement, but more a form of anti-Bank pressure by the US.

]]> By: Brian http://www.coha.org/bank-of-the-south-another-step-toward-latin-american-integration/comment-page-1/#comment-2151 Brian Mon, 10 Dec 2007 16:27:34 +0000 http://www.coha.org/2007/12/07/bank-of-the-south-another-step-toward-latin-american-integration/#comment-2151 Roberto, thank you for this informative post. Can you tell me if countries that are a part of this new Bank of the South are also NOT allowed (rule-based or just a norm) to sign free trade agreements with the U.S.? I heard that Mexico, Chile, and Peru did not join the Bank because they have free trade agreements with the U.S. Thank you. Roberto, thank you for this informative post. Can you tell me if countries that are a part of this new Bank of the South are also NOT allowed (rule-based or just a norm) to sign free trade agreements with the U.S.? I heard that Mexico, Chile, and Peru did not join the Bank because they have free trade agreements with the U.S. Thank you.

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