4 20 China , theEUandLatinAmerica:CurrentIssuesandFutureCooperation whichmighthavepoliticalandsocialramificationswhichwouldnotsuitthem. 5.犆狅狀犮犾狌犱犻狀犵犜犲犮犺狀犻犮犪犾犪狀犱犃犱犿犻狀犻狊狋狉犪狋犻狏犲犆狅犿犿犲狀狋狊 Fortriangularcooperationbasedonconcreteprojects , wealsoneedpolitical guidancebeyondpurelycommercialinterests.Chinahasrecentlytakensuch stepsamongitsministries , butitsstateownedenterprisesshouldfollowsuit. Corporatesocialresponsibilityisgaininggroundandshouldbepromotedinthese timesofcrisis. Donorcoordinationandsimplificationofproceduresisessentialtoavoid wasteandtheoverloadofbeneficiariesadministrations.TheParisDeclarationof the OECDDAC , the Accra Agenda and the “ European consensus for development ” help.National “ ownership ” mustberespectedbutalsodemanded. Thegoalistoactinconcert , creatinglocallyownedsolutionsfordevelopment , onvariouslevels. Inplanningandimplementingpossibletriangularcooperation , wemustall beawarethatournationalandregionaldecisionmakingsystemsinvolveelements ofdecentralisation , localpoliticalautonomy , liberalelementsinthebusiness sector — andsometimesproblemsofoverarchingcontrol — bothinChinaandthe EU.WhentalkingabouttheEU , weshouldmentiontheEuropeanInvestment Bank ( EIB ), withitslargecapacities , butalsospecificandindependentrules. Triangularcooperationcomplicatescoordination , and maycausehigher transactioncosts.Heretheremaybeaproblem withtheoverlycomplexEU internaldecisionmakingandaccountability process , created withthebest intentionsoftransparencybutoftencriticisedasslowandinflexible.Whereas VenezuelasPresidentChavezliterallycanpullachequeoutofhispocketwhen accompanyingPresident Moralesto meetpeasantsinBolivia , theEuropean Commissionmustsubmitprojectsofacertainsizeforapprovalbymemberstates andsometimes bythe European Parliament , negotiateacceptance bythe beneficiarycountrywithinitsownprogramme , thenlaunchEUwidetenders , obtainsignaturesfromvariousDirectorateGeneralsandlevelswithinCOMand otherthingsbesides. ThecurrentcrisisillustratestheEUsweaknesses.Intrilateralcooperation , therefore , itwouldbewisetotakethemintoaccount , butalsototrytodeal withthem , includingstructuralproblemswhichdonotaffectonlyemerging powers , such associalcohesion , sustainabledevelopment , infrastructure , administrativeculturesandtheenvironment.Reducingexpenditureonsuch fieldsinneedofreformcanbedangerousinthelongterm.Trilateralcooperation isanopportunityforlearning.
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China, the EU and Latin America : current issues and future cooperation
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