ANewLookattheTriangulationbetweentheEU , ChinaandLatinAmerica 3 93 theCentralAmericancountrieswaslaunched.Itsobjectivewastoseeksolutions tothearmedconflictsby meansofnegotiations.In1985 , theEUCentral AmericanCooperationAgreementwassigned. Enteringthe1990s , LatinAmericastartedtoundergoimportantpolitical , economicandsocialreformsandtransformations.Theregionsforeignpolicy alsomadeprogressbypursuingcloserrelationsnotonlywiththeUS , butalso withotherregionsoftheworld.TheEUacknowledgedthesepolicychangesand seizedtheseopportunitiestopromoteitsrelations with Latin America.Spain participatedactivelyintheregionsprivatisationcampaign. In1995 , theEUissuedacommunicationentitled “ European Union — Latin America:ThePresentSituationandProspectsforCloserPartnership:1996 2000 ”, whichexpresseditsinterestinstrengtheningthepartnershipbetweenthe twosides.Thedocumentacknowledgedthechangesthathadtakenplaceinboth regionsandatworldlevelduringthepastdecadeandhighlightedtheshared interestinfacingglobalandregionalchallenges.Italsostressedtheneedfor differentiatedapproachestoLatinAmericainaccordancewithspecificnational andsubregionalcircumstances. ThemostnotabledevelopmentinbilateralrelationsbetweenEuropeand LatinAmericawasthefirstEULatinAmericaSummitinRiodeJaneiro , Brazil , inJune1999.Theobjectiveofthesummitwastofosterpolitical , economicand culturalunderstandingbetweenthetworegionsinordertodevelopastrategic partnership.Inthepoliticalfield , itwasagreedthateffortswouldbemadeto reinforceinstitutionaldialoguebetweenthetworegions , preservedemocracy , promoteandprotecthumanrightsandfundamentalfreedomsandworktogether toaddressthreatstointernationalpeaceandsecurity.Intheeconomicfield , leadersfrombothsidesoftheAtlanticdeclaredthattheyweredeterminedto strengthenthemultilateraltradesystemandopenregionalismandtointensify economicrelationsbetweenthetworegions.Theiraimsincludedpromotingthe liberalisationoftradeasa meansofincreasingprosperityandcombatingthe destabilisingeffectsofvolatilefinancialflows , devotingparticularattention , supportandincentivestoproductiveinvestmentinsmallereconomies.Inthe cultural , educational , scientific , technological , socialandhumanfields , thetwo sidesalsoexpressedaninterestinpromotingtherehabilitationandpreservation oftheenormousculturalheritageinbothregions , facilitatinguniversalaccessto educationandencouragingculturaldiversity ( EULatinAmericaSummit1999 ) . Atthissummit , it wasannouncedthatthe EU and Latin Americahad agreedtoestablishastrategicpartnership.Thispartnershipwastobebuiltona commonculturalinheritance , aswellassharedvalues , andencompassedclose
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China, the EU and Latin America : current issues and future cooperation
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