With a new Latin America strategy and the Commission President’s long-announced visit to four countries of the subcontinent, the EU has launched a new Latin America offensive. The strategy is intended to make up for Europe’s loss of influence in Latin America vis-à-vis China and to realign the region’s countries firmly on the side of the West in its power struggle against Russia. To achieve this, it is planning regular summit meetings between the EU and the Community of Latin American and Caribbean States (CELAC). On her visit to Brazil, Argentina, Chile and Mexico last week, Ursula von der Leyen was seeking to improve the EU’s access to Latin American natural resources – from lithium to green hydrogen. It is evident that resistance to European encroachment is getting stronger in Latin America – for example, against provisions of the EU free trade agreement with Mercosur that are unfavorable to its members. Resistance is also growing to the EU’s efforts to enforce measures to isolate Russia. In reference to Western wars, Brazil’s President Lula declared that international law applies “to everyone.”
Related Articles
Chris Dillow: The futility of economic policy debate
Economic policy is not made by a meritocracy in which the people with the best ideas get the most say. Nor of course is it a democracy in which we all have equal say. Read […]
Bill Mitchell: The so-called euro stability spawned banking system that caused havoc
January 3, 2019
Mathew D. Rose
Economics, EU politics, EU-Institutions, Finance, Financial Institutions
0
A very interesting analyses of the role of the EU and European banks in the Great Financial Crisis. Read here
Owen Jones: Young people are rewiring capitalism with their McStrike
A precarious and exploited workforce has had enough: young employees are joining unions and demanding to be heard Read here
Be the first to comment