A new era in South America has formally commenced in the form of the “Union of South American Nations” (UNASUR). Agreed April 17, 2007, at the First South American Energy Summit being held on the Island of Margarita, Eastern Venezuela, UNASUR is a manifestation of a renewed attempt at South American integration.
“The South American presidents did agree to name their diplomatic mechanism Union of South American Nations (Unasur). The organization’s Executive Secretariat will be based in Quito, President Chávez said. He added that proposals would be disclosed later to designate the Permanent Secretary of Unasur -which is replacing the South American Community of Nations (CSN). This project is aimed at integrating the South American countries … This is what we decided by consensus today (Monday). We also addressed other issues such as the Bank of the South, and agreed to enter into a sort of energy accord guaranteeing energy supplies for 100 years. These meetings have been quite important,” the Venezuelan ruler added.”
But there are already some complex, political problems…..
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