EU's Shift Towards Latin America and the Caribbean: A New Chapter in International Relations

Over 50 leaders from the European Union, Latin America, and the Caribbean are set to hold their first summit in eight years, signaling the EU's efforts to strengthen political and economic ties with the region amid concerns over Russia and China. While discussions on Russia's invasion of Ukraine and Europe's role in the slave trade may complicate the talks, the meeting itself marks a step towards stronger relations. The EU aims to reduce its reliance on Russia and China, seeking alliances with "reliable partners" to open up more trade markets and secure critical minerals for the transition to a low carbon economy. The EU also plans to invest €10 billion in CELAC infrastructure projects.