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Publication Date: August 2007
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): James M. Roberts
Research Area: Government
Keywords: Latin American; Venezuela; PetroCaribe; MERCOSUR
Type: Report
Coverage: Venezuela
Abstract:
Hugo Chávez aims to dominate the Caribbean Basin and Andean region and fulfill the dream of his mentor, Fidel Castro. Venezuela has become a hub of narcotics trafficking, and its rapid military buildup will likely lead to a renewed regional arms race. The U.S. should counter Chávez by increasing its support for market-based democratic institutions and encouraging true reform.