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Social Affairs
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  • The EU's response to the
    One of our student interns produced this well-written article about the ongoi...
    20 February 2017
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    Europe Direct Valletta
  • The importance of labour
    This article, written by a student at the University of Malta, passionately c...
    20 February 2017
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    Europe Direct Valletta
  • Strengthened EU-Swiss Re
    The EU enjoys very close relations with Switzerland in every sense: culturall...
    29 December 2016
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    Europe Direct Valletta
  • A boost for the European
    The European Commission is stepping up its efforts to develop a strong space ...
    26 October 2016
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    Europe Direct Valletta
  • EU increasing support fo
    The EU has announced that it shall implement new aid programmes in the Latin ...
    26 October 2016
    read more...
    Europe Direct Valletta
  • Commission proposes EU c
    Delivering on the Security Union: Commission proposes EU certification system...
    07 September 2016
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    Europe Direct Valletta
  • VAT Gap: Nearly €160 bil
    A staggering €159.5 billion in Value Added Tax revenues were lost across the ...
    06 September 2016
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    Europe Direct Valletta
  • Variable attitudes towar
    Performance-related pay and employee reward systems in Europe are often uneve...
    01 September 2016
    read more...
    Europe Direct Valletta
  • Commission proposes 2018
    The Commission is also seeking to highlight the role of Europe's cultural her...
    30 August 2016
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    Europe Direct Valletta
  • EU's 2017 budget: Parlia
    The EU's budget for next year will be decided over the coming months. Startin...
    30 August 2016
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    Europe Direct Valletta
  • Commission proposes fish
    The European Commission today tabled its proposal on fishing opportunities in...
    29 August 2016
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    Europe Direct Valletta
  • Towards better social st
    The Commission adopted a proposal for a Regulation on new, integrated ways to...
    24 August 2016
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    Europe Direct Valletta
< Back to News
EU increasing support for development in Latin America and the Caribbean
26 October 2016

The European Union (EU) has enjoyed a strategic bi-regional partnership with Latin America and the Caribbean since 1999. This official agreement only adds to the deep economic, cultural and historical ties between the partners.  In recent days the partnership has been further strengthened in the area of sustainable development. The EU aims to help improve the living conditions in the Latin American and Caribbean area by 2030.

On 25-26 October 2016 a ministerial meeting was held in Santo Domingo, the Dominican Republic between the EU and the Community of Latin America and Caribbean States (CELAC). During this meeting, the EU announced plans to allocate funds amounting to over €74 million to conjure up new sustainable development programmes in the region. In total, the EU has committed funds in excess of €710 million towards improving, inter alia, trade, investment and private sectors.

The complete package of programmes can be split into two, according to the specific region they are aimed at. The first region being the Caribbean and the other Latin America. The Caribbean is to benefit from a total of €44.2 million. This amount is to be further dissected into four segments: (1) a €9.2 million allocation for a technical assistance programme for sustainable energy (TAPSEC); (2) a €14 million allocation towards strengthening the services provided by the Dominican Republic’s public administration; (3) a €11 million fund to strengthen the competitiveness of small and medium enterprises (SMEs) in the Dominican Republic; and (4) a fund of €10 million dedicated to aiding Dominica in its rehabilitation endeavours after the devastating effects of Tropical Storm Erika of August 2015.

The second region that shall receive development assistance from EU funds is Latin America. Under the new package of programmes, the group of countries in the region shall receive around €30 million. One of the programmes included in the EU’s latest undertaking is the EL PACTO security programme, which is a cooperation initiative that is implemented in all the Latin American states that are entitled to Development Cooperation Instrument (DCI) funds: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela.

All in all, the latest EU initiative in the Latin American and Caribbean countries serves as a symbol of the Union’s determination to increase its development efforts and enhance its standing on the world stage.
  • The EU's response to the...
    One of our student interns produced this well-written article about the ongoi...
    20 February 2017
    read more...
    Europe Direct Valletta
  • The importance of labour...
    This article, written by a student at the University of Malta, passionately c...
    20 February 2017
    read more...
    Europe Direct Valletta
  • Strengthened EU-Swiss Re...
    The EU enjoys very close relations with Switzerland in every sense: culturall...
    29 December 2016
    read more...
    Europe Direct Valletta
  • A boost for the European...
    The European Commission is stepping up its efforts to develop a strong space ...
    26 October 2016
    read more...
    Europe Direct Valletta
  • EU increasing support fo...
    The EU has announced that it shall implement new aid programmes in the Latin ...
    26 October 2016
    read more...
    Europe Direct Valletta
  • Commission proposes EU c...
    Delivering on the Security Union: Commission proposes EU certification system...
    07 September 2016
    read more...
    Europe Direct Valletta
  • VAT Gap: Nearly €160 bil...
    A staggering €159.5 billion in Value Added Tax revenues were lost across the ...
    06 September 2016
    read more...
    Europe Direct Valletta
  • Variable attitudes towar...
    Performance-related pay and employee reward systems in Europe are often uneve...
    01 September 2016
    read more...
    Europe Direct Valletta
  • Commission proposes 2018...
    The Commission is also seeking to highlight the role of Europe's cultural her...
    30 August 2016
    read more...
    Europe Direct Valletta
  • EU's 2017 budget: Parlia...
    The EU's budget for next year will be decided over the coming months. Startin...
    30 August 2016
    read more...
    Europe Direct Valletta
  • Commission proposes fish...
    The European Commission today tabled its proposal on fishing opportunities in...
    29 August 2016
    read more...
    Europe Direct Valletta
  • Towards better social st...
    The Commission adopted a proposal for a Regulation on new, integrated ways to...
    24 August 2016
    read more...
    Europe Direct Valletta
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