The region is increasingly being drawn into the disputes of the world powers and local conflicts are threatening to become geopolitically charged.

President Lula in particular is strongly committed to achieving a result. Will the EU go along?

Guyana, Brazil and Argentina are increasing production, while Ecuador, Mexico, Colombia and Venezuela are losing ground.

The country could benefit more than almost any other from the changes in geopolitics and the energy transition. But this requires a clear reform course.

The government has promised clean elections for 2024. In return, the USA is easing its sanctions. It is uncertain whether President Maduro will keep his side of the bargain.

One against all: Argentina is fighting over water rights on the Río Paraná. After the upcoming elections there, it could become even more difficult to find a common position.

…but with only a third of the population”. Megainvestor Claure believes the region could be in for its best years in a long time.

The country continues to rely on an investment boom due to the decoupling of the USA from China. The potential has only been partially exploited.

Brazil’s Amazon clearing is falling again for the first time. At the same time, President Lula wants to unite South America’s governments to save the rainforest.

EU-CELAC summit brought investment of US$45 billion for the region’s infrastructure and confidence for the EU-Mercosur agreement.