MOSCOW, December 8. /TASS/. The South American states affiliated with the Union of South American Nations (UNASUR) are eyeing with concern the United States’ trading and economic domination in the continent and been doing their utmost to foster integration processes in Latin America, the head of the foreign policy activities chair at the Presidential Academy of the National Economy and Public Administration, Olga Abramova, told TASS in an interview. Abramova shared her opinion of the December 4-5 UNASUR summit in Ecuador’s largest city Guayaquil.
The host country’s president, Rafael Correa, said in his statement that if the 12 UNASUR member states managed to present a common front, the region would become the world’s fourth largest economic entity. “If divided, we will depend on the conditions dictated to us by transnational capital. If united, we will be able to dictate terms to international capital... Regional integration is the best way of gaining independence from the power of large capital,” Correa said.