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China, the EU and Latin America : current issues and future cooperation
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ANewLookattheTriangulationbetweentheEU ChinaandLatinAmerica 97 4.犆狅犿狆犪狉犻狀犵狋犺犲犜狑狅犚犲犾犪狋犻狅狀狊犺犻狆狊 AcomparisonofrelationsbetweentheEUandLatinAmericaandbetween ChinaandLatinAmericaleadstothefollowingconclusions: Inhistorical politicalandculturalterms Europehascloserrelations andaffinitieswithLatinAmericathanChinadoes. EuropedevelopeditsrelationswithLatinAmericamuchearlierthan Chinadid.Asamatteroffact ChinastartedtomovetowardsLatinAmerica onlyafewyearsago.TheChinaLatinAmericarelationshipisstillinitsinitial stages whereastheEULatinAmericarelationshipismuchmoremature. EuropesrelationswithLatinAmericaaremoreinstitutionalisedthan Chinas.ApartfromtheEULatinAmericasummit thereistheIberoAmerican summitandotherdialoguemechanisms.ThechancesofconveningaChinaLatin Americansummitareveryslim.Moreover theEUhaspublishedmorepolicy documentsonLatinAmericathanChina. ChinaLatinAmericarelationsareovershadowedbytheUSfactor.The USissomewhatconcerned bythe presence of Chinainits backyard.US CongressmanDanBurtonsaid: IbelieveChinasrisingeconomic politicaland militaryinfluenceinthe WesternHemisphereposesseriouschallengestothe UnitedStatesintheyearsahead...Ibelieveweshouldbecautiousandviewthe riseofChinesepowerassomethingtobecounterbalancedorcontained and perhapsgosofarastoconsiderChinasactionsin Latin Americaasthe movementofahegemonicpowerintoourHemisphere. Burton2005 Europe LatinAmericanrelationsarenotamajorissuefortheUS. Europeseconomicties with Latin Americaare muchcloserthan Chinas.In2008 EULatinAmericantradewasworthEUR189billion while ChineseLatinAmericantradewasworthUSD145billion althoughithasbeen growingrapidlyoverthepastfew years.In2007 thetotalstockofEU investmentinLatinAmericastoodatEUR228billion whileforChinaitwas onlyUSD25billion ChineseMinistryofCommerce2010 Europehasestablishedastrategicpartnership with Latin America whereasChinahassetupsuchpartnershipswithonlyafew Latin American countries:Brazil 1993 ), Mexico 2003 ), Argentina 2004 and Peru 2010 ThepoliticaldimensionoftheEULatinAmericanrelationshipdiffers fromthatbetweenChinaandLatinAmerica.ItseemsthatEuropeismuchmore concernedaboutLatinAmericasdemocracy humanrights ruleoflawandso on whileChinaemphasisespoliticalconsensusonsuchissuesasThird World