Europe-LatAm Focus

Europe-LatAm Focus

Member News

EU and Colombia Sign MoU to Strengthen Bilateral Relations

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 China, the largest source of FDI and an important development partner. Read more.

EU-Andean Community Trade Agreements

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.

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

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 women and very low-income borrowers in the country. Read more.

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

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.

Chile and the Netherlands Sign a Double Taxation Agreement.

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

Mexico I Contribution of Intellectual Property to the Economy

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 more....

EU-Mercosur – Statement on Sustainable Development

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 entry into force of the EU-Mercosur Agreement. Read more.

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

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 approved it. Read more.