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Ecuador''s National Assembly has begun the procedure to make official the resignation of the Andean country from the Inter-American Treaty of Reciprocal Assistance (Rio Treaty), signed with the United States in 1947. The approval of the resignation request is being handled by the Commission on Sovereignty and International Relations, which yesterday listened to arguments from several officials belonging to the foreign ministry, the legislative body reported in a press note. According to the text, the diplomat Mauricio Montalvo explained to some members of the commission that the Ecuadorian government supports the country's resignation from that agreement due to the current lack of political, material, and historical conditions that were once present after the end of the Cold War and which motivated the signature of the agreement. Montalvo referred to the Rio Treaty as an instrument promoted by the United States to deal with alleged attacks against the peace, security, and sovereignty of Latin American nations, as a result of the intervention of powers outside the region, specifically the communist bloc in Eastern Europe and Asia.

However, the diplomat stated that in recent years the document has been used to justify interventionism and the use of force against Latin American countries and governments with nationalist, socialist, or populist tendencies. In addition, he mentioned as an example the case of the British invasion of the Malvinas (Falkland) Islands, when the United States sided with the United Kingdom, against Argentina´s interests, despite this Southern country being one of the signatories of the agreement. Ecuador announced its resignation from Rio Treaty at the summit of the Organization of American States celebrated in June, 2012 in the Bolivian city of Cochabamba, through its foreign minister, Ricardo Patiño. On that occasion, the head of Ecuadorian diplomacy expressed that his country, like Bolivia, Nicaragua, and Venezuela had made the choice to withdraw from the agreement, considering that it had lost its legitimacy after the Malvinas war. "We have decided to bury what deserves to be buried, and to dispose what is of no longer useful," Patiño declared at the time.

Venezuela and China drafted a 10-year plan for strategic cooperation yesterday as part of the China-Venezuela High-Level Joint Commission that is meeting in Caracas through Wednesday. The plan aims to advance development in both nations by deepening partnerships in diverse sectors, including manufacturing, infrastructure, telecommunications, and oil. “We are going to address the issue of ports and airports throughout the country as well as the question of electric infrastructure,” stated Venezuelan Vice-President for Planning Ricardo Menendez. “We are going to be working on the topic of telecommunications," he added, outlining plans for technological exchange in diverse areas, including providing students with digital tablets, building related factories, and constructing undersea cables to connect Venezuela with Caribbean nations. Also on the agenda are plans to expand joint oil projects as well as initiatives to kickstart Venezuela’s domestic production, particularly in the areas of cement, iron, aluminum, and paper.

Over the last decade, Venezuela under Chavez and Maduro has sought to strategically reorient its economy towards China, signing over 400 cooperation agreements encompassing a wide array of sectors, including energy, education, health, trade, housing, agriculture, manufacturing, infrastructure, sports, research, and cultural exchange. Since 2007, China has provided Venezuela with $45 billion in loans reportedly to finance development. In return, Venezuela exports over 600,000 barrels of oil a day to the rising economic giant. Relations between Venezuela and China were elevated to a comprehensive strategic partnership last July during a special visit by Chinese President Xi Jinping.

Regional leaders flocked to Panama City this past weekend for the VII Summit of the Americas, which has been widely hailed as a victory for left-leaning and progressive forces in the region, particularly Venezuela and Cuba.  The summit was marked by the historic presence of Cuba whose president Raul Castro addressed his counterparts and held face to face talks with Barack Obama, the first Cuban leader to do so since the socialist nation's US-imposed expulsion from the Organization of American States in 1962.

However, the much anticipated rapprochement between the two nations was largely upstaged by regional leaders' near uniform rejection of President Obama's March 9 Executive Order labeling Venezuela a "national security threat", which has been condemned by all 33 nations of the CELAC  (Community of Latin American and Caribbean States) and other regional bodies.  While positively noting the steps taken by Obama to reestablish bilateral ties with Cuba, Castro nonetheless criticized the US president for his aggressive measures against Venezuela. 

During his speech before the summit, Bolivian president Evo Morales slammed US imperial intervention in the region. "We don't want more Monroes in our continent, nor more Truman doctrine, nor more Reagan doctrine, nor more Bush doctrine. We don't want any more presidential decrees nor more executive orders declaring us threats to their country."