Europe-LatAm Focus Archives - European American Chamber of Commerce Florida

15 Feb

Europe-LatAm Focus

EU – Mercosur Trade Agreement Falls Through

Posted by EACCFLED
February 15, 2024

The trade agreement between the EU and Mercosur in the making for 20 years and which would have created one of the world's largest free trade zones was not signed at a December 7 summit of South American leaders in Brazil. It is unclear what the next steps will be. Read more.

15 Feb

Europe-LatAm Focus

LatAm I EU and Chile Sign Trade and Political Agreements

Posted by EACCFLED
February 15, 2024

The agreements will facilitate cooperation between the EU and Chile including the de-risking of supply chains, the securing sustainable supply of critical raw materials, and addressing climate change. Read more.

11 Dec

Europe-LatAm Focus

EU – CELAC I EU to Support Barbados in Upgrading Climate Resilient Infrastructure for Clean Water

Posted by EACCFLED
December 11, 2023

The EU has announced announced its intention to support the upgrading of Barbados' climate-resilient infrastructure for clean water, in line with the Global Gateway investment agenda presented at the EU-CELAC Summit in July. Read more.

11 Dec

Europe-LatAm Focus

EU-Chile I Decisions for a Modernised Association Agreement

Posted by EACCFLED
December 11, 2023

The new agreement will strengthen EU-Chile political and economic relations and deepen cooperation and trade. It will help to jointly address new global challenges such as the repercussions of the Russian invasion of Ukraine, including global inflation, supply chain disruptions and the energy crisis. Read more.

12 Sep

Europe-LatAm Focus

EU – CELAC I Colombians and Peruvians Lodged Twice as Many Applications, Year-on-Year

Posted by EACCFLED
September 12, 2023

Analysis released by the European Union Agency for Asylum (EUAA) suggests that EU+ asylum authorities are under increasing pressure from the number of asylum applications they are receiving. In May 2023, some 87 000 applications were lodged, up by a quarter compared to the previous year. Venezuelans, Colombians and Peruvians lodged 7 100, 6 900 and...

12 Sep

Europe-LatAm Focus

EU – CELAC I EU and Chile Strengthen Cooperation on Sustainable Critical Raw Materials Supply Chains

Posted by EACCFLED
September 12, 2023

The partnership aims to deepen cooperation in the field of sustainable raw materials value chains that are necessary for the clean energy and digital transition of both partners. Read more.

12 Sep

Europe-LatAm Focus

EU – CELAC – EIB announces s€800 Million in Financing for Climate Action Projects in Argentina, Brazil and Chile at EU-CELAC Summit

Posted by EACCFLED
September 12, 2023

As part of the EU's Global Gateway Initiative, everal loans in Argentina, Brazil and Chile were announced including: a €200 million loan to Banco del Estado de Chile, guaranteed by the EU, to finance mortgages for approximately 2,600 new housing units with improved energy efficiency standards; €300 Million to Banco Santander Brasil for Small-Scale...

12 Sep

Europe-LatAm Focus

EU – CELAC I Commission Presents Global Gateway Investment Agenda with Latin America and Caribbean

Posted by EACCFLED
September 12, 2023

The Agenda revolves around the following pillars: a fair green transition, an inclusive digital transformation, human development and health resilience and vaccines. Team Europe has also committed over €45 billion to support the reinforced partnership with Latin America and the Caribbean until 2027. Read more.

10 Jul

Europe-LatAm Focus

Brazil: EIB grants €200 Million for SMEs and Solar Energy Investment by Households

Posted by EACCFLED
July 10, 2023

The entire project will contribute to climate change mitigation in terms of the EU taxonomy. It will help Brazil pursue its targets for more renewable energy sources in annual electricity generation, furthering its ten-year national energy expansion plan. Read more.

10 Jul

Europe-LatAm Focus

Chile: EU, EIB and KfW to Finance Renewable Hydrogen Projects

Posted by EACCFLED
July 10, 2023

With an investment of up to EUR 216.5 million, the platform will support the decarbonisation of Chile’s economy, creating green jobs and generating business opportunities for Chilean and European companies while also helping Europe meet its import demand for renewable hydrogen. Read more

10 Jul

Europe-LatAm Focus

EIB and Mexico Reinforce Partnership to Finance Country’s Sustainable Development

Posted by EACCFLED
July 10, 2023

The agreement will give fresh momentum to the existing strategic partnership between the European Union, the EIB and Mexico. It highlights the key target priority areas of common interest that will be supported under a long-term cooperation initiative, through which appropriate and affordable sustainable finance instruments will be made available to support relevant initiatives....

14 Jun

EACC & Member News, Europe-LatAm Focus

GT I The State of M&A in Latin America

Posted by EACCFLED
June 14, 2023

In this two-part discussion, Greenberg Traurig Latin America Practice Shareholder Oscar Stephens speaks about general trends in M&A activity in Latin America, what opportunities exist today, and what is the outlook for Latin America in the near term. Read more. Compliments Greenberg Traurig

14 Jun

Europe-LatAm Focus

EU-LAC I Third Joint Council Held in May

Posted by EACCFLED
June 14, 2023

High Representative/Vice President Josep Borrell represented the EU at the third Joint Council established by the EU-Cuba Political Dialogue and Cooperation Agreement (PDCA). The visit to Cuba was part of EU outreach to Latin American and Caribbean countries in the run-up to the upcoming EU-CELAC Summit to take place in Brussels on 17-18 July. Read more.

14 Jun

Europe-LatAm Focus

EU-LAC I EIB Office Opens in Brazil

Posted by EACCFLED
June 14, 2023

The European Investment Bank (EIB), the world’s largest international public bank, formally opened its first office covering Brazil at a launch event in Brasilia. The new EIB office will be located on the premises of the EU Delegation and will expand the European Union’s partnership with Brazil, further increasing operational capacity under its new...

10 Apr

Europe-LatAm Focus

EU – Latin America and Caribbean high-level pharmaceutical forum to promote local manufacturing

Posted by EACCFLED
April 10, 2023

Organised in hybrid format in Brussels and online on March 21st, the forum brought together political leaders, technical experts, pharmaceutical companies, entrepreneurs, investors, and financing institutions from Latin America and the Caribbean and the EU to explore new ways to collaborate and improve access to quality, safe, effective and affordable pharmaceutical innovations across the...

10 Apr

Europe-LatAm Focus

UE y América Latina y el Caribe: de socios naturales a socios preferentes

Posted by EACCFLED
April 10, 2023

UE y América Latina y el Caribe: de socios naturales a socios preferentes.2023 es un año clave para el relanzamiento de las relaciones entre la UE y América Latina y el Caribe. El 24 y 25 de marzo participaré en la XXVIII Cumbre Iberoamericana que tendrá lugar en Santo Domingo. Este encuentro con los...

06 Apr

Europe-LatAm Focus

EU-Ecuador I EIB provides $100 million to back childhood vaccination campaign

Posted by EACCFLED
April 6, 2023

The loan will support the Todo Campeón se Vacuna vaccination campaign, contributing to the purchase of vaccines but also to strengthening cold chain and logistics for distribution to remote areas through the purchase of medical items and equipment, and medical IT tools. This financial support will improve future pandemic preparedness, the long-term resilience of...

06 Apr

Europe-LatAm Focus

Meeting of the European Union-Mercosur Chief Negotiators

Posted by EACCFLED
April 6, 2023

Facing the new global political and economic scene, and mindful of the strategic importance of the bi-regional relationship, discussions focused on the three dimensions of sustainable development (economic, social and environmental) as a framework for deepening the bi-regional partnership. Read more.

03 Feb

Europe-LatAm Focus

Latin America – 5 Trends to Watch

Posted by EACCFLED
February 3, 2023

Natural Resources Supporting Post-Carbon Economy May Attract Investors; Strong U.S. Dollar May Lead to Weaker Currencies in Region; Consumer Demand Could Buoy Fintech/Financial Services Sectors; Opportunities for Engineering, Construction Firms to Build Infrastructure; Political Unrest Could Slow Foreign Investment. Read more. Compliments Greenberg Traurig

03 Feb

Europe-LatAm Focus

Coalition of Trade Ministers on Climate Launched

Posted by EACCFLED
February 3, 2023

Co-lead by Ecuador, the EU, Kenya, and New Zealand, this Coalition will promote trade and investment in goods, services and technologies that help mitigate and adapt to climate change. Other countries include Barbados, Canada, Colombia, Costa Rica, Iceland, Norway, Switzerland, Ukraine, United Kingdom and the United States. Read more.

03 Feb

Europe-LatAm Focus

EU and Chile Strengthen a Comprehensive Political and Trade Partnership

Posted by EACCFLED
February 3, 2023

The EU and Chile concluded negotiations on the EU-Chile Advanced Framework Agreement taking their partnership to take their partnership to the next level to strengthen political dialogue, deepen cooperation and foster trade and investment opportunities. Read more.

06 Dec

Europe-LatAm Focus

LatAm I EU Takes Action on Dumped Imports of Electrolytic Chromium Coated Steel from Brazil (and China)

Posted by EACCFLED
December 6, 2022

An investigation found that Chinese and Brazilian imports were being dumped on the EU market and were injurious to the EU industry. In response, the Commission will impose duties ranging from €239 per tonne to € 607 per tonne of ECCS imported. Read more.

06 Dec

Europe-LatAm Focus

OECD-LatAm I Competition Trends in Latin America and the Caribbean 2022

Posted by EACCFLED
December 6, 2022

Competition policy in Latin America and the Caribbean has grown significantly in the past two decades. This report presents some of the main competition enforcement trends in the region based on an analysis of data provided by 14 OECD and non-OECD jurisdictions about their competition enforcement activity from 2015-20. Read more.

09 Nov

Europe-LatAm Focus

EU FTAs I EU Exports under Free Trade Agreements Surpass €1 Trillion

Posted by EACCFLED
November 9, 2022

EU exports to preferential partners for the first time surpassed €1 trillion in 2021, according to the Commission's 2nd Annual Report on the Implementation and Enforcement of EU Trade Agreements. Of particular note in the transatlantic corridor are Canada, Chile, Mexico and Central America. Read more.

09 Nov

Europe-LatAm Focus

Declaration of the EU Domestic Advisory Group under the EU Trade Agreement with Colombia, Ecuador and Peru

Posted by EACCFLED
November 9, 2022

Read the declaration here.

09 Nov

Europe-LatAm Focus

WTO Panel rules against Colombia’s anti-dumping duties on frozen fries in line with EU’s claims

Posted by EACCFLED
November 9, 2022

The EU has welcomed the WTO ruling that confirms that the anti-dumping duties imposed by Colombia on frozen fries from Belgium, Germany and the Netherlands are in breach of WTO rules and unfairly restrict access to the Colombian market for EU producers. Read more.

09 Nov

Europe-LatAm Focus

HR/VP Borrell to visit Uruguay and Argentina and co-chair CELAC-EU Ministerial

Posted by EACCFLED
November 9, 2022

High Representative/Vice President Josep Borrell travelled to Uruguay and Argentina with the mission of strengthening bilateral and regional relations, in particular through co-chairing the EU-CELAC Foreign Ministers Meeting which will pave the way for further high-level bi-regional engagement in view of a summit next year. Read more.

11 Oct

Europe-LatAm Focus

EU-LatAm – Priorities for climate neutrality and resilience in LAC

Posted by EACCFLED
October 11, 2022

Recently, over 120 delegates participated in an Expert Workshop on Priorities for Climate Neutrality and Resilience, as part of the EU-funded project “Enhancing Green Transition in LAC”. Representatives from LAC and OECD countries as well as international organisations discussed climate change mitigation, adaptation and finance priorities for the region. Read more.

12 Sep

Europe-LatAm Focus

Renewable Energy in Latin America

Posted by EACCFLED
September 12, 2022

Advancing toward a sustainable energy market, several Latin American countries have embarked on a variety of projects to increase renewable energy. Although obstacles to the fruition of renewable projects have arisen, the push for a greener future continues. From vanguard endeavors to install new solar and wind plants, to government-based clean energy proposals, Latin...

05 Aug

Europe-LatAm Focus

IMF – Shifting Global Winds Pose Challenges to Latin America

Posted by EACCFLED
August 5, 2022

The economies of Latin America and the Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing their upward trend, while inflationary pressures persist. Read more.

12 Jul

Europe-LatAm Focus

EU-Central America Agreement Celebrates 10th Anniversary

Posted by EACCFLED
July 12, 2022

The EU, Costa Rica, El Salvador, Honduras, Guatemala, Nicaragua and Panama agreed to further deepen the agreement by protecting eleven new geographical indications from Central America directly under the agreement, reflecting the interest of the parties to protect local knowledge and high-quality food products and to boost rural development. The parties also agreed to...

12 Jul

Europe-LatAm Focus

EU – LATAM I Ecuador, Kenya, New Zealand and the EU Announce a Coalition of Trade Ministers on Climate

Posted by EACCFLED
July 12, 2022

The purpose is to enhance ministerial-level dialogue so trade and trade policies can support the Paris climate goals, sustainable development, environmental sustainability and a just transition. The first Coalition meeting should take place early next year. Read more.

06 May

Europe-LatAm Focus

Tax Transparency in Latin America 2022: Punta del Este Declaration Progress Report

Posted by EACCFLED
May 6, 2022

Tax Transparency in Latin America is a key output of the Punta del Este Declaration, a Latin American initiative established in 2018 to tackle tax evasion, corruption and other financial crimes through transparency and exchange of information for tax purposes. The 2022 edition covers 16 Latin American countries and aims to inform decision makers...

06 May

Europe-LatAm Focus

LatAm I OAS Suspends Russia

Posted by EACCFLED
May 6, 2022

The Permanent Council of the Organization of American States (OAS) adopted a Resolution suspending the status of the Russian Federation as a Permanent Observer to the OAS until the Russian government ceases its hostilities, withdraws all its military forces and equipment from Ukraine within its internationally recognized borders and returns to a path of...

06 May

Europe-LatAm Focus

EU – Americas I Deepening Cooperation in the Digital Economy

Posted by EACCFLED
May 6, 2022

The digital economy & society is firmly part of the agenda for the EU's relations with the Americas. This includes the coordination of approaches to key global trade, economic, and technology issues and the deepening of transatlantic trade and economic relations with the US, as well as making digital cooperation central to its relationship...

08 Feb

Europe-LatAm Focus

IMF – Latin America’s Strong Recovery Losing Momentum

Posted by EACCFLED
February 8, 2022

According to the International Monetary Fund's latest calculations, for 2022, growth is expected to slow to 2.4 and a slowdown is inevitable as economies return to their pre-pandemic GDP levels. But the downgrade reflects other challenges, including slower growth in China and the United States, continued supply disruptions, tighter monetary and financing conditions, and...

08 Feb

Europe-LatAm Focus

EU-LatAm Cooperation – Regional Multi-Annual Indicative Programme 2021-2027

Posted by EACCFLED
February 8, 2022

With a budget of EUR 1.3 billion, the regional Multi-Annual Indicative Programme (MIP) for the Americas and the Caribbean for 2021-2027 will focus on moving forward the EU’s policy objectives and strategic interests vis-à-vis the Americas and the Caribbean, and on building partnerships on areas of shared interest with regional groups and countries throughout...

01 Dec

Europe-LatAm Focus

OECD I Latin American Outlook

Posted by EACCFLED
December 1, 2021

The Latin American Economic Outlook 2021 is a joint annual publication produced by the OECD Development Centre, the United Nations Economic Commission for Latin America and the Caribbean (UN ECLAC), the Development Bank of Latin America (CAF) and the European Commission (EC). Read more. Compliments OECD

01 Oct

Europe-LatAm Focus, News

EU and Colombia Sign MoU to Strengthen Bilateral Relations

Posted by EACCFLED
October 1, 2021

The EU and Colombia agreed on an "Agenda of enhanced political and sectoral dialogue and cooperation for the next decade". The Memorandum identifies five priorities to guide the development of EU-Colombia relations and lists 12 sectors where cooperation can be increased and/or expanded. The EU is Colombia's third trade partner after the US and...

03 Sep

Europe-LatAm Focus, News

EU-Andean Community Trade Agreements

Posted by EACCFLED
September 3, 2021

Find here the Implementation reports, evaluation reports, impact assessments and consultations regarding the trade agreements between the EU and the countries of the Andean Community (Bolivia, Colombia, Ecuador and Peru). Read more.

18 Jun

EACC & Member News, Europe-LatAm Focus, News

EIB Confirms Climate Commitment at ALIDE’s General Assembly of EU, Latin American and Caribbean development banks.

Posted by EACCFLED
June 18, 2021

The annual meeting of Latin American and Caribbean banks was held on 25 and 26th May. At that occasion, European Investment Bank President Werner Hoyer confirmed the European Investment Bank's commitment to continue playing an important role in fostering sustainable investment as Latin America recovers from the pandemic. Read more.

06 Apr

Europe-LatAm Focus

Dominican Republic: The EIB and ADOPEM Increase Microfinance Support for COVID-19 Impacted Companies

Posted by EACCFLED
April 6, 2021

The European Investment Bank (EIB) and Banco de Ahorro y Crédito ADOPEM have signed a loan in Dominican pesos worth EUR 7 million (approx. DOP 480 million) to support micro-entrepreneurs. The loan will help to address the working capital and investment needs of businesses affected by the COVID-19 breakout in the Dominican Republic, targeting...

06 Apr

Europe-LatAm Focus

Brazil: EIB and BRDE Support SMEs Impacted by COVID-19

Posted by EACCFLED
April 6, 2021

The European Investment Bank (EIB) and Banco Regional de Desenvolvimento do Extremo Sul (BRDE) announced targeted finance for small and medium enterprises (SMEs) in the States of Rio Grande do Sul, Santa Catarina and Paraná in Brazil, facing the COVID-19 pandemic. Read more.

06 Apr

Europe-LatAm Focus

Chile and the Netherlands Sign a Double Taxation Agreement.

Posted by EACCFLED
April 6, 2021

The Agreement is the newest addition to Chile's extensive network of tax agreements in force with 33 countries. Its objective is to promote greater economic cooperation between Chile and the Netherlands by eliminating tax barriers and promoting investment between the two countries through measures aimed at avoiding international double taxation. Read more

09 Mar

Europe-LatAm Focus

Mexico I Contribution of Intellectual Property to the Economy

Posted by EACCFLED
March 9, 2021

The EU, IPKey Latin America and the Intellectual Property Office of Mexico recently published an IP Economic Impact Study in Mexico. This study reflects the importance IP-intensive industries have on the Mexican economy, focusing on four different areas: contribution to the GDP, direct and indirect employment, average salaries and international trade participation. Find out...

08 Feb

EACC & Member News, Europe-LatAm Focus, News

International Economic Forum on Latin America and the Caribbean

Posted by EACCFLED
February 8, 2021

If you missed the 12th edition of the International Economic Forum on Latin America and the Caribbean, you can watch it here.

08 Feb

EACC & Member News, Europe-LatAm Focus, News

EU-Mercosur – Statement on Sustainable Development

Posted by EACCFLED
February 8, 2021

On the occasion of the EU27-LAC Informal Ministerial Meeting in Berlin on 14 December, the Executive Vice-President (EVP) of the Commission and Commissioner for Trade, Mr Dombrovskis, the High Representative/Vice President (HRVP) of the Commission, Mr Borrell, and the Ministers of Argentina, Brazil, Paraguay and Uruguay, discussed a way forward for the ratification and...

01 Feb

EACC & Member News, Europe-LatAm Focus, News

OECD – Barbados deposits its instrument of ratification for the Multilateral BEPS Convention

Posted by EACCFLED
February 1, 2021

Last December, Barbados deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (Multilateral Convention or MLI). With 95 jurisdictions currently covered by the MLI, the ratification by Barbados now brings to 60 the number of jurisdictions which have ratified, accepted or...

20 Dec

EACC & Member News, Europe-LatAm Focus, News

EU I Latin America – Europe: the ‘other’ Transatlantic Relationship

Posted by EACCFL
December 20, 2020

Germany has offered to host a ministerial EU-LAC conference planned in Berlin in December with the aim of setting in motion a new dynamic of high-level engagement and re-energizing the EU’s relationship with Mexico and Brazil.Together the EU and LatAm represent almost one-third of the votes at the UN. The stock of EU27 foreign...

10 Dec

Europe-LatAm Focus

OECD-IDB Peer Review of Competition Law and Policy: El Salvador

Posted by EACCFL
December 10, 2020

The Peer Review published in November finds that the basic pillars of competition law in El Salvador are in line with good international best practices. The latest reform proposals show the efforts of El Salvador to increase the effectiveness of the competition law. Read more.

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