ALBA

ALBA or ALBA–TCP, formally the Bolivarian Alliance for the Peoples of Our America (Spanish: Alianza Bolivariana para los Pueblos de Nuestra América) or the Bolivarian Alliance for the Peoples of Our America – Peoples' Trade Treaty (Spanish: Alianza Bolivariana para los Pueblos de Nuestra América – Tratado de Comercio de los Pueblos), is an intergovernmental organization based on the idea of political and economic integration of Latin American and Caribbean countries.

This article is about the intergovernmental organization in Latin America and the Caribbean. For the Scottish Gaelic name for Scotland, see Alba. For the Gaelic television channel from the BBC, see BBC Alba. For other uses, see Alba (disambiguation).
Bolivarian Alliance for the Peoples of Our America
Alianza Bolivariana para los Pueblos de Nuestra América (Spanish)
Coat of arms
HeadquartersCaracas
Official languages
  • Spanish
  • English
Member states
Leaders
• Secretary General
Félix Plasencia
Establishment
• Cuba–Venezuela Agreement
14 December 2004
• People's Trade Agreement
29 April 2006
Area
• Total
2,513,337 km2 (970,405 sq mi)
Population
• 2008 estimate
69,513,221
• Density
27.65/km2 (71.6/sq mi)
GDP (PPP)2008 estimate
• Total
$636.481 billion
• Per capita
$9,156
Currency
5 currencies
Time zoneUTC-4 to -6
Internet TLD
10 TLDs
Website
www.albatcp.org/en/

Founded initially by Cuba and Venezuela in 2004, it is associated with socialist and social democratic governments wishing to consolidate regional economic integration based on a vision of social welfare, bartering and mutual economic aid. The ten member countries are Antigua and Barbuda, Bolivia, Cuba, Dominica, Grenada, Nicaragua, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines and Venezuela. Suriname was admitted to ALBA as a guest country at a February 2012 summit.

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