The demise of petrocaribe

PETROCARIBE, a mechanism created during Chavez's heydays and which seemed to be a geopolitical tool leveraging on the use of oil to the Caribbean nations by Venezuela in order to export the socialist revolution, now is facing a slow decay. And the U.S. is ready to gain access again to a region where traditionally had influence and presence as the country ramps up its oil and gas exports. But the task wont be much easy since Russia and China are also trying to get access to this region. It will certainly be an interesting geopolitical chess in the Caribbean as PETROCARIBE dies away. 

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Russia and China can 'trump' the US on this. US back yard, yes, but Russia and China have advantage of state-run oil companies to help them do their bidding. 

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3 minutes ago, dowmike said:

Russia and China can 'trump' the US on this. US back yard, yes, but Russia and China have advantage of state-run oil companies to help them do their bidding. 

thanks for intervening... im aware that China has been active in many bilateral mechanisms with the CARICOM and Russia has been penetrating importantly in countries such as Dominican Republic, Jamaica, Nicaragua, which i saw during my time visiting the majority of these islands. also India has an important positioning in the dutch antilles such as Aruba, St Maarten, Curacao, St Kitts, and so on. 

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