10.8 Billion Dollars Investment Of The EU in Latin America.
The EU will invest 10 billion euros ($10.8 billion) in Latin America and the Caribbean through its international investment framework, European Commission President Ursula von der Leyen said on Monday, according to Sputnik.
“The European Union will invest 10 billion euros in Latin America and the Caribbean through the Global Gateway, which is our international investment program,” von Derlein said at a joint press conference with Brazilian President Luiz Inacio Lula da Silva in Brasilia.
The head of the European Commission also announced the launch of an investment project aimed at increasing hydrogen production in Brazil. Von der Leyen said: “I am very happy that today we are launching another project, this project is about hydrogen. With this, Europe will invest €2 billion to support Brazil’s green hydrogen production and promote energy efficiency in your industry.”
On Monday, the EU’s top official began his trip to four Latin American countries. After Brazil, von der Leyen will also visit Argentina, Chile and Mexico.
When the name “Latin America” comes to mind, the word “America’s backyard” also comes to mind; An issue that has a direct and close connection with the “Monroe” doctrine.
Throughout history, Latin America has been of special importance with its rich energy resources of oil, gas, and uranium, and virgin investment fields, in other words, from a geopolitical, geostrategic, and geoeconomic point of view. The Monroe Doctrine put influence and domination over Latin America on the agenda.
