On April 29, Cuba, Venezuela and Bolivia signed a People Trade Agreement, which is seen as a step towards the alternative trade agreement proposed by Venezuelan president Hugo Chávez - the Bolivarian Alternative for the Americas. The nationalisation of Bolivia's natural gas industry is a result of pressure from social movements and takes place in the context of moves towards energy integration in ALBA. After decades of austerity, growing inequalities, and US domination of the region, national governments are beginning to reject Washington's recipe for corporate-led growth.