Arancha González Laya, Minister of Foreign Affairs, European Union and Cooperation, highlighted, during her participation in the dinner of the Annual Assembly of Partners 2021 of the Business Council Alliance for Ibero-America (CEAPI), the importance of Latin America for Europe in all areas. Thus, it is “essential” to “pay more attention” to Latin America.

According to González Laya, the region is a “strategic priority” for Spain and that is why the Spanish Government will continue “working for this retios as a common project.” In addition, she defended the trade agreement between the European Union and Mercosur, as well as the updating of the agreements with Chile and Mexico as fundamental members for the reactivation of the region.

“If Europe is not in Latin America, others will take its place,” she said during the event that brought together important Spanish and Latin American businessmen, diplomats, representatives of the Administration and Latin American organizations.

The official highlighted that the Latin American economy began its recovery. However, during the pandemic it was possible to show the “existing weaknesses” with the democratic institutional framework and the high rates of informal economy, beyond positive aspects “such as the resilience of the society and the value of companies.”

The minister also emphasized the action that her government has carried out in Latin America “in these times of difficulty and shared hope: vaccination, access to financing for the economic recovery of middle-income countries, trade agreements, and structural transformation, digitization and decarbonization.”

For her part, the president of CEAPI, Núria Vilanova, pointed out that Spain is preparing to experience the economic reactivation and the return of Latin American investment. “We have clear indicators that LA continues to be an attractive environment for Spain and for the world, and a clear example of this is the renewed interest of the US and China in the region; the rebound in raw materials and agro-industrial products, and the new investments that are being made in these countries”

M. Rodríguez

Source: lanacion.com

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