ALBA (Bolivarian Alliance for the Peoples of Our America)

ALBA, or the Bolivarian Alliance for the Peoples of Our America, is a regional organization founded in 2004 to promote political, economic, and social integration among Latin American and Caribbean countries. It was established as an alternative to U.S.-led trade agreements, emphasizing cooperation, solidarity, and mutual development. ALBA aims to address issues like poverty, inequality, and social justice through collaborative initiatives and policies. The alliance includes countries such as Venezuela, Cuba, and Bolivia, focusing on fostering self-determination and empowering member nations to reduce dependence on external powers.