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HomeLatest NewsFelipe VI highlights the "historic occasion" to promote the Europe-Latam relationship

Felipe VI highlights the “historic occasion” to promote the Europe-Latam relationship

Date: October 1, 2023 Time: 17:27:31

King Felipe VI has affirmed that the EU-CELAC summit of heads of state and government to be held next July in Brussels under the Spanish presidency of the EU represents a “historic opportunity” to strengthen and deepen an alliance strategy between Latin America, the Caribbean and Europe. “Therefore, we must see it with a very special interest due to the evident potential it contains to reinforce the agenda between both regions,” the monarch has indicated and reports Europa Press.

During the inauguration speech of the VI Business Congress Alliance for Ibero-America (Ceapi) he founds historical-cultural roots that should be extended to all of Europe and that goes back more than 500 years”.

On the other hand, the king trusts that this great bi-regional meeting between the EU and the Community of Latin American and Caribbean States (Celac) will serve to strengthen relations between the two regions. More than 400 participants in the event, 150 from Spain and 250 from Latin America have witnessed their statements.

To encourage trade

For his part, the monarch also emphasized that “from the different realities and sensitivities, sometimes not easy to reconcile, substantial steps are taken that allow the countries of both regions to become truly aware of the historical opportunity – given the difficult and complex context world -, to advance and reach powerful agreements that give us greater security and guarantees in commercial exchanges and investment operations” as expected by the king.

In his opinion, Spain is called upon to play a “leading” role in this event, by combining its Ibero-American and European projection, since “it wants to and can be a magnificent promoter of this cooperation and joint work, because it firmly believes in the region” .

Spain, first investor in Latin America

At this point, he recalled the positive economic figures associated with this historical two-way relationship. Thus, Spain is the leading European investor in Latin America, especially in Mexico and Brazil, and the second worldwide, after the United States. It is a reciprocal collaboration, since Latin America is the fourth investor in Spain.

Felipe VI concluded by highlighting the importance of this type of business forum that “promotes debate and reflection”, while promoting and fostering common interests “that can even lead to specific projects or concerted actions of mutual benefit”.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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