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Relaciones internacionales.indb - HOMINES

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SOCIOLOGICAL VIEW AND THEORY OF SUBORDINATE INTEGRATION...<br />

and Research Centers, book and movie production. This type of economic<br />

activity, related to tourism and culture is one of Europe’s most important<br />

economic assets. The Caribbean also has a natural geographic and historical<br />

advantage in this area.<br />

Other areas of collaboration with Latin America would be a Caribbean-Latin<br />

American satellite, a “Communication and Mass Media Industry,”<br />

and our own cable T.V. system—producing programs that would<br />

sell in our Caribbean-Latin American region, the U.S. and Europe. Many<br />

unemployed workers and professionals in the Caribbean will be trying to<br />

create industries in these areas, as a way to survive. Government must be<br />

ready to aid these efforts. The present situation apparently may force an<br />

efficient economic transformation in the Caribbean.<br />

The Caribbean shall be looking for Latin American investment and<br />

partners. Some of these economic associations and partnerships are already<br />

being made. Venezuela and Colombia have been looking towards<br />

the Caribbean. This of course is due to their interest in participating along<br />

with the “North American Free Trade Agreement.” The Caribbean has<br />

important bank and financial enclaves with tax incentives, Venezuelan and<br />

Colombian businessmen are interested in these financial activities and are<br />

also investing in the Caribbean hotel and housing construction.<br />

Venezuela and Colombia have been involved in the creation of the<br />

“G-3,” a cooperation agreement between Mexico, Venezuela and Colombia.<br />

“The Group of the Three” (“G-3—Grupo de los Tres”) seems to be<br />

an initiative towards closer relations with NAFTA via Mexico. 49 However<br />

it is not very likely that NAFTA can rapidly incorporate Venezuela and<br />

Colombia into the North American Free Trade Agreement. In a sense,<br />

NAFTA is a sort of “Marshall Plan” for the U.S. and Canadian economies,<br />

as well as for Latin America; nevertheless integration with Mexico is a<br />

priority and that will take some time.<br />

Since Venezuela and Colombia have been left out of “Merconorte”<br />

(NAFTA) and “Mercosur” (Brazil, Argentina, Paraguay and Uruguay),<br />

both have been looking towards the Caribbean for investment opportunities.<br />

Venezuela, Mexico and Puerto Rico were granted observer status in<br />

Caricom in 1990 and Colombia in 1991. Venezuela also proposed a “duty<br />

free, one way trade pact” with Caricom in July of 1991. 50<br />

Other parts of the Hispanic Caribbean have also been active in regional<br />

49<br />

Andrés Serbín, Carmen Gautier Mayoral, “Venezuela, Colombia y México en<br />

las relaciones <strong>internacionales</strong> entre América Latina y El Caribe,” Claridad,<br />

San Juan, Nov. 8-14, 1991, p. 8.<br />

50<br />

Doreen Hemlock, “Venezuela Seeks Caribbean Pact,” The San Juan Star, San<br />

Juan de Puerto Rico, July, 1, 1991, pp. 1 and 14.<br />

108<br />

Vol. XX, Núm. x - xxxxx de 2005 • <strong>HOMINES</strong> •

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