President of Bolivia Evo Morales said that the member states of the Bolivarian Alternative for the People of Our America (ALBA) and of Petrocaribe will meet in Caracas next Wednesday November 26 to discuss mechanisms of economic complementation. Morales denied that the summit will be related to the financial crisis, AFP reported.

"On November 26, a group of governments that are united with the people will gather together not to discuss the financial crisis but (to discuss) how to enhance and complement our economies to serve our people."

Morales said that the meeting will take place in the Venezuelan capital. The meeting was convened by President Hugo Chávez, to plan "with other anti-imperialist presidents the ways to better serve the peoples of Latin America and the world." 

Morales denied that the ALBA and Petrocaribe Summit will serve to discuss the global crisis as the meeting between the developed and emerging countries which took place in Washington last weekend.