EU commits $133 million in support for Latin America and Caribbean
BRUSSELS, Belgium -- The European Union (EU) has agreed to commit 118 million euros ($133 million) in investment support for Latin America and Caribbean nations at the start of the second EU-Community of Latin American and Caribbean States (CELAC) summit in Brussels.
The European Commission said on Wednesday that the combination of loans, grants and other financial operations would seek to enhance trans-Atlantic cooperation.
The executive of the 28-nation EU said the support will centre on the transport, energy and environmental sectors.
Several CARICOM heads of government are in Brussels for the summit, which opened on Wednesday and concludes on Thursday.
The summit, under the theme “Shaping our common futures: Working for prosperous, cohesive and sustainable societies for our citizens” brings together 61 heads of state and government from Europe, Latin America and the Caribbean.
They were due to discuss bi-regional and global issues, and seek to deepen political dialogue on citizen-oriented initiatives, with special focus on sustainable growth, education, security and climate change.
By Caribbean News Now contributor
Caption: Prime Minister of The Bahamas and CARICOM chair, Perry Christie, seated centre, led the meeting of caucus of CARICOM heads at embassies of the Eastern Caribbean States and Missions to the European Union, June 10, in Brussels. The Bahamas Minister of Foreign Affairs and Immigration Fred Mitchell is pictured just right of the prime minister. Left of the prime minister is CARICOM Secretary General, Irwin LaRocque. (Photo: BIS/Peter Ramsay)