The greatest potential for cooperation with Latin America still lies ahead of us

“When the world is in turmoil, we stand by our partners. German companies will continue to invest, train and develop technology – with and in Latin America. The existing economic relations are strong and ready to be expanded,” emphasized LADW Chairman Gunnar Kilian at a LADW reception in Berlin attended by high-ranking guests.

Prior to this, the members of LADW – leading German companies with a strong presence in the region – had exchanged views on current economic and geopolitical developments. The clear conclusion: German companies remain committed to Latin America – more than ever.

Latin America is already the third most important economic region for German industry outside Europe, after the United States and China. And there is great potential for more engagement. From green energy and raw materials, to talent and technology, to reliable partnerships.

But for that to happen, Europe must also take action – pragmatically, strategically and with commitment. It needs attractive, long-term economic policy offers that meet the challenges and opportunities of Latin America, and the ratification of EU agreements such as those with Mercosur and Mexico.

“We at LADW are convinced that the greatest potential for our cooperation still lies ahead,” said Kilian.

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