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Barcena rejects at EU-Celac summit that Latin America is a ‘pool of resources’

  • July 17, 2023
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Foreign Minister Alicia Barcena, today rejected the extractivist vision that other regions view Latin America only as “quarry of natural resources” during his participation in the Summit of

Foreign Minister Alicia Barcena, today rejected the extractivist vision that other regions view Latin America only as “quarry of natural resources” during his participation in the Summit of the European Union (EU) and the Community of Latin American and Caribbean States (Selak).

“For our region, it is unacceptable and unacceptable that we are just the extraction of natural resources, condemned to extractiveness and providing cheap food and low-skilled labor force,” he said at the closing session of the EU-LAC Business Roundtable.

The statements of the head of Mexican diplomacy are in full swing modernization and revision of trade agreements region with the European Union and the desire to confront the climate crisis.

Barcena indicated that it was necessary a new pact to change the model of development and wealth, because “the current paradigm is not sustainable and therefore new ways need to be found.”

“It is impossible that we these gaps in inequality in our region and that only a few can have access to social rights (…) Privileges that negate rights. This cannot be,” he added.

Photo: Quartoscuro Archive

The chancellor said there was a possibility bring Europe closer to Latin Americaafter eight years of distancing, with a clear decline in European investment in the region.

In this sense, explained that trade between the two regions has increased by 65% ​​since 2001.increasing from 176 million euros to 291 billion euros in 2022.

However, this is enough commercial relations doubled between 2001 and 202.0, but trade relations with China and Latin America grew 20 times over the same period.

“We must and need, namely, complete us much more in this world, so complex and so changeable, he thought.

Barcena, who was Executive Secretary of the Economic Commission for Latin America and the Caribbean (Cepal) from 2008 to 2022, said that Latin America also needs green funding promote sustainable development in the region through green bonds, guarantees, insurance and other resources.

He also considered it necessary fight social movements driven by “disillusioned citizens” because “democracies have not been able to produce the desired results”, as well as to strengthen production chains.

We want to overcome inequality, we want to do it sustainably in addition, there is a very dynamic private sector in both regions,” he said.

On the other hand, he emphasized that Mexico is in a historic opportunity for private investment due to the phenomenon of shifting production chains or “nearshoring” and the commercial gap between the United States and China.

“We are very committed to achieving this relationship between Europe, Latin America and the Caribbean, and in a rapidly evolving geopolitical scenario of complex strategic alignments whereWe must combine cooperation with financingwith much more open actors,” he concluded.

(EFE)

Source: Aristegui Noticias

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