May 23, 2013, 13:07:29

EU-CELAC Summit to strengthen cooperation between countries

By Elena Ralli |

European Council President Herman Van Rompuy and European Commission President José Manuel Barroso will take part in the "Alliance for Sustainable Development: Promoting Investments of Social and Environmental Quality" summit to be held on 26-27 January in Santiago, Chile. The two EU leaders will meet with their counterparts from Latin America and the Caribbean to discuss ways to enhance cooperation between countries and decide on common positions on global issues, as well as to examine political developments and address crucial issues for all parties.

As President Barroso stated: “Our longstanding partnership with Latin American and Caribbean countries is based on the conviction that both sides have common interests in today's inter-dependent world and greatly benefit from working together. The Summit will deal with a key aspect of our relationship: investment and sustainable development. The EU is not only the leading foreign investor in Latin America and the Caribbean, but also a committed partner in promoting sustainable development. Social and environmental responsibility must be a shared priority for the future of both regions”.

The event is hosted by President Piñera of Chile, which currently holds the CELAC Presidency, while various prominent guests from EU Member States, as well as all leaders from Latin America and the Caribbean are expected to attend the Summit. Discussions will cover topics such as trade and investment, legal security, sustainable development and corporate social responsibility.

The Summit will be prepared by a Meeting of Foreign Ministers on 25 January, co-chaired by Catherine Ashton, High Representative of the European Union for Foreign Affairs and Security/Vice-President of the Commission, and Chilean Foreign Minister Alfredo Moreno. Foreign Ministers will discuss the theme "working towards for growth and stability".

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