Strengthening relations with Latin America
The European Union wants to reassert its influence in a region where China, Russia and Iran have been growing in strength in recent years. MEPs say Latin American countries are natural allies of Europe - they share similar democratic principles, cultural proximity and economic interests.
The new strategy envisages a stronger diplomatic presence, trade and investment promotion, and cooperation in the areas of security, justice and digital transformation. A key instrument is to be the Global Gateway initiative, which is intended to finance sustainable projects and strengthen the EU's role as a reliable partner in the region.
Parliament also called for the defence of democracy and human rights in countries where they are being repressed - specifically mentioning Venezuela, Nicaragua and Cuba. It said the EU should promote a united stance against authoritarian regimes and against Russian aggression in Ukraine.
The strategy also includes a call for the completion of the long-delayed trade agreement with Mercosur, which should bring new opportunities for European and Latin American businesses. The debate on the future direction of relations will culminate in the EU-CELAC Summit in November 2025.
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