EU-CELAC: Investment agenda for a new strategic alliance

Go to microsite

CAF will promote the EU-Latin America and Caribbean dialogue with multiple activities in Spain.

September 07, 2023

CAF will organize a series of multilateral activities in Spain between September 12 and 15 to strengthen ties with the European Union and confront the global challenges of the coming decades together.

CAF Development Bank of Latin America and the Caribbean will organize a series of multilateral activities in Spain as part of the first meeting of EU-CELAC Finance Ministers in Santiago de Compostela on September 15th. The activities will take place in Madrid and in the Galicia capital between September 12th and 15th. (Learn about our special on CAF in Europe)

These actions are part of the institution's commitment to promote sustainable economic development in Latin America and the Caribbean, and represent a unique opportunity to strengthen collaboration and knowledge exchange with prominent experts and leaders in the region.

On Tuesday, September 12th in Madrid, CAF will present a new edition of the economic and development report "Global Challenges, Regional Solutions: Latin America and the Caribbean facing the climate and biodiversity crisis". The report presentation will address challenges in the Latin American region in terms of ecosystem and biodiversity preservation, as well as adaptation to and mitigation of climate change, essential elements that will contribute to public policy design and enable sustainable development in these countries.

Later, a colloquium on journalism in Latin America and Europe will take place at the El País newspaper headquarters, which will be moderated by Pepa Bueno, the newspaper's director; Jaime Abello, general director of the Gabo Foundation; Sergio Díaz-Granados, executive president of CAF, while national and international economic editors and journalists will also participate.  

On Wednesday, September 13th, the CAF Conference, "European Union and Latin America and the Caribbean: a joint agenda for development" will take place at the Casa de América in Madrid. The conference will feature the participation of Sergio Díaz-Granados, Nadia Calviño, First Vice President and Minister of Economy and Digital Transformation (in office), Teresa Ribera, Third Vice President and Minister of Ecological Transition and Demographic Challenge (in office), Azucena Arbeleche, Minister of Economy and Finance, Uruguay, and Ricardo Bonilla, Minister of Finance and Public Credit, Colombia.This is an annual meeting bringing together prominent experts and opinion leaders from different sectors to reflect on the state of the transatlantic relationship and address future opportunities and challenges. Colombian singer-songwriter Carlos Vives will also attend and take part.

ECOFIN - CELAC Summit

On Friday 15th, in Santiago de Compostela, the first meeting between ECOFIN and CELAC takes place, in which essential topics for relations between Latin America, the Caribbean, and the European Union will be addressed, such as sustainable development, the transition towards a green economy, the importance of digitalization, and human development.

This meeting demonstrates the new impetus to strengthen historical ties based on trade, cooperation, peace, and sustainability, and represents a great opportunity to jointly address the global challenges of the coming decades.

Organized by Spain and CAF, the meeting will promote a renewed EU investment agenda in the region, advanced in July at the EU-CELAC Heads of State Business Summit. With sixty finance ministers from both sides of the Atlantic, this is a crucial forum for designing strategies to overcome socioeconomic gaps in the region, accelerate the green transition, and strengthen regional integration.