Brussels, 17 July 2023
During today’s EU-LAC Business Round Table as part of the EU-CELAC Summit, President Ursula von der Leyen has presented the EU-LAC Global Gateway Investment Agenda (GGIA), which revolves around the following pillars: a fair green transition, an inclusive digital transformation, human development and health resilience and vaccines.
She also announced that Team Europe has committed over €45 billion to support the reinforced partnership with Latin America and the Caribbean until 2027.
President of the European Commission, Ursula von der Leyen, said:
“I am pleased to announce that Team Europe will invest over €45 billion in Latin America and the Caribbean until 2027 via our programme Global Gateway. We shaped a high-quality investment agenda together, to the benefit of both our regions. We agreed on sectors and value chains to prioritize, from clean energy and critical raw materials to health and education. And it’s not just about how much we are spending , but also how we are investing. Global Gateway comes with the highest environmental and social standards, and with transparency. This is Europe’s way of doing business.”
The GGIA includes a list of more than 130 projects to make the fair green and digital transition a reality on both sides of the Atlantic. The list has been composed in close cooperation with the Spanish Presidency and is the basis for further dialogues with the Latin American and Caribbean partners.
President Von der Leyen’s opening remarks at the EU-LAC 2023 Business Round Table will be available here shortly.
A press release and a factsheet with more information are also available online.
Source – EU Commission – Email