European companies have a long history of working together with the advanced economies in Latin America and the Caribbean. Europe’s Global Gateway initiative builds on the close ties between the two regions. It seeks to create a partnership where the public sector of Europe and Latin America and the Caribbean (like development banks and national export credit agencies) link up with the private sector, to generate business investments that can contribute to wealthier societies to the benefit of all. Global Gateway promotes the European values of good governance, transparency and sustainability to improve the lives of many.
The EU-LAC Global Gateway Investment Agenda (GGIA) is the roadmap of strategic priorities that the EU has chosen to invest in with its Latin American and Caribbean partners.
Global Gateway has an ambitious agenda including activities ranging from 5G extension to remote areas, green bonds, greener transport systems, clean hydrogen energy and better health infrastructures to scaling up joint research. It should result in smarter, cleaner and more secure links between the two regions.
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Global Gateway in Latin America and the Caribbean (52)
RSSEstablishment of a trade route between Mexico and the EU for energy and other products, contributing to diversification of EU’s energy providers, clean energy and strengthening of industrial chains.
- Global Gateway - areas of partnership
- Transport
Facilitate investments and partnerships for more than 100 EU-LAC joint ventures, focusing on the digital transformation with a human rights and gender perspective, bridging gender gaps, promoting women's participation, and creating solutions for gender equity or women and girls' specific needs.
- Global Gateway - areas of partnership
- Digital
Improving vaccine access by strengthening administrative capacity, modernising policies, improving health financing, and sharing expertise with EU states, and harmonising regulations and scientific collaboration to boost local medicine/vaccine production and health system resilience.
- Global Gateway - areas of partnership
- Health
The EU-LAC Digital Alliance creates a strategic framework to foster substantial bi-regional cooperation across the full spectrum of digital and space issues.
- Global Gateway - areas of partnership
- Digital
Euroclima is the Global Gateway initiative that builds partnerships between the European Union and the Latin America and Caribbean regions as they lead the green and just transition.
- Global Gateway - areas of partnership
- Climate and energy
Upgrading and extension of Metro Line 2 (additional 7.4 km, 5 new metro stops) to boost access to jobs and aid in meeting emission reduction goals.
- Global Gateway - areas of partnership
- Transport
Planning, expansion, and operation of Lima International Airport, including a new midfield terminal, a second runway, and a tower.
- Global Gateway - areas of partnership
- Transport
In 2023 the Five Great Forests of Mesoamerica will be launched, which will protect 10 million hectares of forest by 2030.
- Global Gateway - areas of partnership
- Climate and energy
Develop forest-based value chains, ensuring financial access for bio-entrepreneurs and effective marketing of bio-economy value chains, aimed at enhancing the trade of products with high environmental, climate, and social benefits.
- Global Gateway - areas of partnership
- Climate and energy
Forest Partnerships encompass the EU's holistic cooperation framework for joint work on forests, aimed at reversing deforestation in supported countries and consequently enhance climate and biodiversity protection.
- Global Gateway - areas of partnership
- Climate and energy