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Extracts from the press conference by Benita Ferrero-Waldner on the EC renewed policy designed to strengthen the EU/Latin America strategic partnership

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On 30 September 2009, the European Commission presented a renewed policy designed to strengthen the EU/Latin America strategic partnership. With its Communication "EU/Latin America: Global Players in Partnership", the Commission assesses the state of play of the bi-regional relationship and outlines the targets and objectives for the coming years. In view of the next EU/Latin America and Caribbean Summit to be held in Spain in spring 2010, it identifies and provides new orientations and policy recommendations to tackle challenges affecting both regions, such as climate change, the economic and financial crisis, energy security, and migration. Furthermore, the Communication proposes the setting up of the Latin America Investment Facility (LAIF) which would have a leverage effect to mobilise resources from financial institutions to finance projects in energy infrastructure, including energy efficiency and renewable energy systems, transport, environment and social cohesion.
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Type: EbS   Reference: 65648   Date: 30/09/2009   Duration: 00:03:01
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