![]() ![]() The value of the region’s trade with the EU grew from €185.5 billion in 2008 to €225.4 billion in 2018, but that with China increased tenfold in the same period. The alliance will also require a long-term vision within the EU, commitments from member states, leadership by several Latin American countries, and public-private investment partnerships.įor much of the past decade, the European Union has done little to halt the rise of Chinese and Russian influence in Latin America and the Caribbean.The EU can make this alliance work by focusing on connectivity investments, cyber-security, and rights to support Latin American countries’ digital transitions.The Spanish presidency of the EU should lead the formation of a Digital Alliance with Latin America and the Caribbean at a summit scheduled for 2023.Cooperation on digital technologies should be a priority in the effort, given the region’s need for greater connectivity.The bloc is attempting to build on their affinity for European values and rights, as well their preference for sustainable and inclusive development.The EU is responding to this threat by attempting to strengthen its relationships with Latin American and Caribbean countries.China’s and Russia’s growing presence in Latin America and the Caribbean undermines democracy and Western influence in the region, along with the international rules-based order. ![]()
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