There is a great danger that states will retreat into themselves in the face of the Covid 19 pandemic and the rapid emergence of climate change. Entire regions, such as Latin America, could thus be left behind in the global context. This would threaten achievements in bilateral cooperation that have been built up over decades – with serious consequences for the German economy.
At the annual members’ meeting of LADW on September 30, 2020, the company’s board members agreed that this scenario must be avoided at all costs, and that Latin America remains an important market for Germany and its companies – despite the Corona crisis. The need for talks with the region was therefore still high. The current heated debates about the EU-Mercosur agreement also made this clear. This agreement in particular would be an instrument to provide urgently needed impetus for both sides – in the economy, but also in climate policy!
After all, economic development and environmental protection are not mutually exclusive, but rather mutually dependent, as Brazilian Vice President Mourão emphasized in talks with LADW in the run-up to the meeting.
In the discussion with the Parliamentary State Secretary in the Federal Ministry for Economic Cooperation and Development, Dr. Maria Flachsbarth, on the same evening, it became clear once again that politics and business in Germany, the EU and also in Latin America urgently need to work out a common denominator in order not to isolate themselves from each other in the current situation, but to find solutions together for the upcoming challenges.