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Collectively, the 33 countries forming the Community of Latin American and Caribbean States (CELAC) are the EU's fifth largest trading partner. Offering an overview of trade relations between the EU and Latin American and Caribbean countries (Chile, Cuba and Mexico) and groupings (the Andean Community, Cariforum, the Central American group (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama), and the founding members of Mercosur (Argentina, Brazil, Paraguay and Uruguay), this study ...

This briefing gives an overview of the different kind of EU funding for Africa and Latin America. Short explanations of the different types of funding are given and tables are provided with the different amounts targeting Africa and Latin America. The main EU budget instrument for funding for Africa and Latin America is the Neighbourhood, Development and International Cooperation Instrument - Global Europe (NDICI). Besides the NDICI there are other funds that address humanitarian aid and emergency ...

Russia's war of aggression against Ukraine and United States-China rivalry continue to dominate the global political and economic landscape in 2023. Challenges to the multilateral rules-based global order are redefining strategic relations. In its attempt to foster alliances, the High Representative of the Union for Foreign Affairs and Security Policy/Vice-President (HR/VP) and the European Commission adopted a joint communication setting out a new agenda for relations between the European Union ...

Latin America will be high on the agenda of the European Union in 2023, with the EU-CELAC Summit at Heads of State and Government level due to take place in the second half of the year. In its 2023 work programme, the European Commission announced its intention to propose a new strategy to reinvigorate relations with Latin America and the Caribbean (LAC). It is also striving for full ratification of the modernised Association Agreements with Chile and Mexico; the European Parliament could start the ...

Over the last 20 years, China has become the second largest trading partner of Latin America & the Caribbean (LAC). Between 2000 and 2020, China-LAC trade grew 26-fold from USD 12 billion to USD 310 billion. China is also among the top sources of foreign direct investment and finance for the LAC region. The impact of China in LAC is closely related to the Latin American boom in commodities extraction, and infrastructure construction. While traditional commodities continue to be important, trade in ...

The coronavirus pandemic has resulted in Latin America's worst economic and social crisis in decades, with a disproportionate impact on informal workers. The informal economy describes economic activity by workers or economic units that is not or only insufficiently covered by formal legal or practical arrangements. Although it is on the decline in Latin America, the informal economy still accounts for slightly over half of all jobs in the region. To counteract the spread of Covid-19, various confinement ...

Latin America is among the world's regions worst affected by Covid-19, and its economies, employment and even human rights are already suffering seriously, and are expected to continue to do so. Governments and international organisations, including the EU, are making efforts to mitigate the consequences, but the results remain uncertain. This is an update of an 'At a glance' note from October 2020.

Latin America is among the regions of the world worst affected by the Covid-19 pandemic, and its economies, employment and even human rights will suffer seriously. Governments, and regional and international organisations, including the EU, are making efforts to mitigate the consequences, but the results remain uncertain.

In the course of the past two and a half years, the European Parliament, the European Commission and the High Representative of the Union for Foreign Affairs and Security Policy, and the Council of Ministers have presented strategic documents on the EU's relations with Latin America and the Caribbean (LAC) and the direction they should take in the coming years. This in-depth analysis aims to present the main points of view of the three EU institutions and the Member States on the future of EU-LAC ...

Over the past few decades, South-South and triangular cooperation (TrC) among developing countries has been acquiring increasing importance as a necessary complement to traditional North-South development cooperation. The United Nations (UN) High Level Conference on Technical Cooperation among Developing Countries held in Argentina in 1978 set the basic framework for this form of cooperation with its Buenos Aires Plan of Action (BAPA). The model was recently modified by the UN 2030 Agenda for Development ...