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China, the EU and Latin America : current issues and future cooperation
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China theEUandLatinAmerica:TrilateralRelationsandScopeforMultilateralism 35 billionpledgeoveratenyearperiodtotheAmazonFund setupbytheBrazilian governmenttoprovideincentivesforsustainablemanagementoftropicalforests. HopefullythiscouldhelpbreakthelogjamintheCopenhagenConference as Brazilshowsone wayfordevelopingcountriestoengageconstructivelyin preservingtheenvironment giventherightfinancialandinstitutionalbacking. Brazilsalreadymentionedaerospacecooperationonsatellitemonitoring with bothFranceandChinacouldbeapowerfulcomplementtotheseefforts. OntheMonterreyagenda itistobehopedthatthejointpositionadopted bytheBRICsonreformoftheBrettonWoodsinstitutionswillhelptoovercome Europeanresistancetospeedierchange.Ontheotherhand LatinAmerican EU and Chinesesupportduringthe London G20 Summitfor morestringent internationaloversightoffinancialinstitutionsshouldequallyhelpbringtheUSA onboardonthiscontentiousissue. Ontradeissues LatinAmerican ChineseandEUsupportfortheproposalonthe tabletoconcludetheDohaRoundcanbeinstrumentalinbringingroundtheUSAand India whichweredirectlyresponsibleforthefailuretoclinchadealin2008. Ultimately only byfindingcommon groundfor mutuallysustainable developmentitwillbepossibletorebalanceglobalgrowthinamannerthatis trulysustainable toavoidassetbubblesandtoallowalltobenefitfromthe prosperitythatglobalisationcanmultiply.Asglobalisationandinterdependence steadilyandinexorablyadvance thechallengeoffindingcreativeandinnovative opportunitiesfordialogueandpartnershipsthatbridgegeography cultureand historyhasbecomeanimperativeofthehighestorderjoiningLatinAmerica ChinaandtheEuropeanUnion. Notes 1.TheRioGroupwasbornin1986asaforumforLatinAmericanandCaribbeandialogueon majorregionalquestionsaffectingregionalsecurityanddevelopment. 2.TheIberianprocesscouldclaimuntilquiterecentlytobetheonlyLatinAmericanand CaribbeanforuminwhichCubahadaseat.ThischangedinDecember2008 whenCuba joinedtheRioGroup. 3.TheWorldSocialForum knownasthePortoAlegreForum wassetupasacounterpoint totheWorldEconomicForum heldyearlyatDavos.Commonlyassociatedwiththeanti globalisationmovement thePortoAlegreForumbringstogetherNGOsandothercivil societyactorstodiscussissuesrelatedtoglobalgovernance.