Venezuela Endorses ALBA Accord with Haiti

Prensa Latina

Venezuelan National Assembly endorsed two Acts of energy accords with Bolivia and Haiti Thursday, within the bounds of the agreements of the Bolivarian Alternative for the Americas ALBA.

The agreements establish the delivery of 250,000 barrels a month of oil, refined products and liquefied gas or its energy equivalents to Bolivia and 14,000 barrels a day to Haiti.

The treaties are of exclusive implementation for public bodies backed up by the signatories with supplies subjected to evaluation and adjustment, in accordance with the energy products demand of both countries and Venezuelan availabilities.

ALBA constitutes an integrationist agreement, based upon cooperation with a high social content, signed among Venezuela, Cuba, Bolivia and Nicaragua.

In the case of Haiti, the energy agreement is held in the open character of ALBA, making possible the signing of agreements of this kind with other countries that aren't members.