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China, the EU and Latin America : current issues and future cooperation
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ChallengestoEUPoliciesonDevelopmentCooperationwithLatinAmerica 27 agreementandthe PlanPueblaPanam TheBraziliandecentralisedmodelofcooperationbasedonsemipublic actorsandfocusing on Africa and Asia particularly Portuguesespeaking countries.Thisprogramme whichservestheforeignpolicygoalsofBrazilas botharegionaland globalplayer includestechnicalassistancefrom the BrazilianCooperationAgency preferentialloansfromtheNationalEconomicand SocialDevelopmentBank BNDES and HIV Aidsdrugsprovidedbythe OsvaldoCruzFoundation Economist2010 The Bolivarianproject ofVenezuelaand Cuba Petrocaribeand ALBA isthemostextensiveprogrammeofSSCinLatinAmericaandopenly linkedtoforeign policygoals.Itrepresentsan SSCframework basedon ideologicalaffinity rather than economic complementarity and would be inconceivablewithoutVenezuelanoil.Therearesixareasofcooperation: oil financing Petrocaribe );( socialcooperation includingCubandoctorsmissions literacyandculturalinitiatives ;( economiccooperationthroughjointventuresand thePeoples Trade Treaty TCP );( aframeworktofosterbartertrade infrastructureandcommunications TeleSurandtheCubaVenezuelasubmarine cable ); and monetaryandfinancialcooperationviatheALBA Fundand Bank. 3.犜犺犲犈犝 狋犺犲犃狉犮犺犻狋犲犮狋狌狉犲狅犳犃犻犱犪狀犱犚犲犳狅狉犿狅犳犇犲狏犲犾狅狆犿犲狀狋犘狅犾犻犮狔 TheEUhastriedtodevelopacommondevelopmentstrategy sharedbythe CommunityandtheMemberStatesalike inaccordancewiththecoordinationand complementarity of EU development policy. The European Development Consensusof2005 whichconfirmstheEUscommitmenttothe Millennium DevelopmentGoals MDGs andthe Romeand Paris Declarationson Aid Effectiveness establishescommon objectives definescommon prioritiesand reaffirmstheneedforadifferentiatedapproachto middleincomecountries MICs andlowincomecountries LICs .Itestablishesthefollowingninepriority areas: tradeandregionalintegration ;( theenvironmentandthesustainable managementofnaturalresources infrastructure communicationsand transport ;( waterandenergy ;( ruraldevelopment territorialplanning agricultureandfoodsecurity ;( governance democracy humanrightsand supportforeconomicandinstitutionalreform conflictprevention and fragilestates human development and socialcohesion and employment. TheEU whichaccountsformorethanhalftheworldsOfficialDevelopment Assistance ODA ), hasspecificallycommitteditselftotheprinciplesofalignment