Unable to match China’s offer of $250 billion in investment in Latin America, the EU sought ways Thursday to avoid being marginalized in the region, offering new trade deals, visa-free travel and deeper ties.
At a two-day summit with Latin American leaders in Brussels, European leaders briefly put aside concerns about Greece, Ukraine and Britain’s future in Europe to stress they had not forgotten former colonies.
“We have seen that China has built up very intensive trade relations,” said German Chancellor Angela Merkel. “Europe and Latin America should also increase their trade.”
The European Union’s meeting with the Community of Latin American and …read more
Source: Voice of America