Spain's EU presidency is an opportunity to reset relations with Latin America and the Caribbean

Joint appearance of the President of the Government, Pedro Sánchez, and the President of the European Commission, Ursula von der Leyen, at the beginning of the Spanish Presidency. Pool Moncloa/Fernando Calvo

A summit between the European Union (EU) and the Community of Latin American and Caribbean States (CELAC) will take place in Brussels on 17 and 18 July 2023 under the Spanish presidency of the Council of the EU. This meeting is important for both regions but, especially for Europe, given the current geopolitical pressures it is facing.

We live in a world in transition towards a new model that is still uncertain after Russia’s invasion of Ukraine. Alliances are being redrawn and globalisation redesigned. Europe is weakened on several fronts, including the overwhelming presence of foreign capital in major European companies and a worrying demographic decline.