New Regional Bloc Established

Approval was given at a Venezuelan summit  for a new regional bloc which includes 33 members all from Latin American and the Caribbean. The bloc which includes El Salvador, also includes Cuba, but excludes Canada and the US. The bloc hopes to increase ties and trade between countries, as well as resolving conflicts and ongoing disputes. The bloc is called CELAC and is due to next meet in Chile in 2012.

http://www.bbc.co.uk/news/world-latin-america-16021120