Europe-LatAm Focus
Europe-LatAm Focus
Member News
15
Feb
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
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
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
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
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 2 500 applications apiece, all down slightly from recent peaks but majorly increased compared to May 2022 (+45 %, +90 % and +109 %, respectively). Th...
12
Sep
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
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 Solar Energy Investments. As part of the Global Investment Strategy, and more. Read more.
12
Sep
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
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
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
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. The agreement also paves the way for the creation of a technical working group for collaboration on Mexican programs a...
14
Jun
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
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
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 EIB Global branch and developing closer relations with national authorities, project promoters, local organisations and financial institutions. Read ...
10
Apr
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 two regions. Read more.
10
Apr
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 líderes iberoamericanos se enlaza con la Cumbre UE-CELAC del próximo mes de julio en Bruselas. La confluencia de dos cumbres este semestre demuestra el interés compartido en reactivar la “otra relac...
06
Apr
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 the healthcare system and the delivery of essential public health services. Read more.
06
Apr
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
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
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
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
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
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
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
Read the declaration here.