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"The future of SELA is at stake", warns SELA Secretary at inauguration
of the XXX Regular Meeting of the Latin American Council


Caracas, 22 Nov. 2004
. "This meeting is vital, and although I am not given to using superlatives, I am sure that the future of SELA is at stake at this meeting of the Latin American Council", the Permanent Secretary of SELA, Ambassador Roberto Guarnieri, said on Monday at the inauguration of the XXX Regular Meeting of the Latin American Council of SELA, the highest political decision-making body of the organisation.

"Today marks the opening of a Latin American Council that will have far-reaching consequences for SELA, as the course of this organisation will be contingent upon the decisions adopted at this meeting. Continuing like this, as we have been doing to date, is to consign SELA to oblivion, to ensure that it definitely removed from the scene", the Venezuelan diplomat said at the inauguration of the technical phase of the meeting, which is being attended by representatives of the 27 Latin American and Caribbean countries that make up the Latin American Economic System (SELA).

In another meeting held prior to the inauguration of the council meeting, Costa Rica was elected as to chair the XXX Latin American Council, a position that will be filled by Walter Hernández, the Costa Rican Ambassador to Venezuela.

Almost 30 years after it was founded - by means of the Panama Convention establishing the Latin American Economic System (SELA), which was adopted on 17 October 1975 - the organisation has been bedevilled by a severe institutional and financial crisis, while the environment in which the organisation must function has been characterised by the development of a series of dynamic transformations fuelled by agreements, associations, treaties, strategic and political agreements, as well as other forms of relationships that are being forged between countries and regions, Guarnieri stated.

"These transformations are taking shape within the context of an expansive process at the national, regional and global levels, but not at SELA, which has succumbed to inertia. SELA, its Permanent Secretariat, has strayed and is thus being inevitably excluded from this budding scheme of institutional and decision-making bodies and systems that are appearing throughout Latin American, the Caribbean and the world at large. It is only a matter of time, and probably much less time than many of us would imagine, before SELA may definitely disappear from the scene unless it radically changes its current course", Guarnieri added.

Permanent Secretary Guarnieri, who has been at the helm of the organisation for only one year, is submitting a draft proposal for the restructuring of the Permanent Secretariat to the XXX Latin American Council for its consideration. This draft addresses the financial recovery of SELA, but also - and most particularly - the institutional transformation of the organization, with a view "to converting it into a organization for reference within and outside the region; to raising its stature within the overall institutional architecture of Latin American, Caribbean and global integration and cooperation with the purpose of buttressing its leverage in key decision-making processes; and to strengthening it as an institution known for its prestige, its analytical capacity, its insightfulness and its actual usefulness to all member countries", he said.

"However, to set this process in motion", Guarnieri added, "SELA needs the political backing of its Member States. The support of these countries can no longer be questioned. Any gap whatsoever in the level of political support of a single country, however small - although size, too, will undoubtedly have its own consequences - imperils the integrity of this institution".

"In synthesis, this is the plan that I am proposing to this Latin American Council: Financially balance SELA and restructure it to enable it to excel. The future of SELA is what is at stake. This is a shared responsibility of the Latin American Council and of the Permanent Secretariat. Now, it's up to you, the Members", Guarnieri concluded.
For his part, the chairman of the XXX Latin American Council of SELA, Ambassador Walter Hernández, of Costa Rica, pointed out that this meeting "may determine the end or survival of SELA as a mechanism of Latin American and Caribbean integration".

"I therefore wish to highlight the importance of strengthening the Latin American Economic System. SELA functions on the basis of the commitment and political and economic will of its member countries; hence the importance of resolving the current financial crisis being faced. This effort requires joint decision-making and consensus that will enable SELA to accomplish its objectives. Indeed, the restructuring of the Permanent Secretariat will provide us with a SELA that is better equipped to respond to the various needs and demands of its member countries", Ambassador Hérnandez added.

Hernández ended his brief speech by emphasizing that it was vital to attend this XXX Council with an integration-oriented outlook in order to ensure success in the strengthening and restructuring of SELA. We have overcome the most difficult part, namely coming to discuss the specific economic issues that pertain to us but that also cause us concern. I therefore hope that in the course of this meeting we will all work in harmony determined to tackle the challenge that we have ahead of us: integration to achieve progress or isolation to fall into backwardness.

The XXX Regular Meeting of the Latin American Council will continue tomorrow with the inauguration of the ministerial phase which is slated for 5 p.m. and which will be chaired by the Permanent Secretary and by a representative of the Venezuelan government. The deliberations are scheduled to end on Wednesday, 24 November.

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