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Leftist Latin Leaders Ink Deal on Food Security
AFP
April 23, 2008

CARACAS — Venezuela, Cuba, Bolivia and Nicaragua on Wednesday signed a food security deal at an emergency summit, host President Hugo Chavez said.

Chavez, hosting President Evo Morales of Bolivia, Nicaraguan leader Daniel Ortega and Cuban Vice President Carlos Lage, set up a food security fund with an initial 100 million dollars.

Chavez said the fund was an "urgent geopolitical issue" particularly for Bolivia.

Impoverished Bolivia is facing a referendum vote in May, in which relatively prosperous eastern provinces are seeking greater autonomy from La Paz and its socialist policies.

The global food crisis "is the biggest demonstration of the historic failure of the capitalist system," Chavez stressed.

The meeting of the Bolivarian Alternative group's leaders was missing only the fifth member, Dominica's Prime Minister Roosevelt Skerrit.

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