The presidents of Mexico, Colombia, Costa Rica, Ecuador and Chile, among others, will also participate.
President Luis Lacalle Pou will travel to the city of The Angels within the framework of the Alliance for the Prosperity of the Americas (APEP), convened by the president of the United States, Joe Bidenwhere he will meet with leaders from other countries in the region such as Canada, Costa Rica, Ecuador, Chile and Mexico.
Uruguay It was included almost a year ago in the select group or program of the Alliance for Economic Prosperity in the Americas, more easily known as APEP, for its acronym in English. This space promoted by Democratic President Biden —in a kind of his own proposal against the initiative “Global Gateway” of the European Union, as well as the Belt and Road China; who seek to channel financing and support for other countries—has the objective of promoting investments and trade between certain nations of the continent.
The APEP was announced by himself Biden in June 2022 during the Los Angeles Summit of the Americasand is made up of Barbados, Canada, Chile, Colombia, Costa Rica, Ecuador, Mexico, Panama, Peru, Dominican Republic and Uruguay.
When is it and what is the meeting about?
On November 3, the Uruguayan president will be participating in the first APEP summit, the organization announced by Biden in 2022 during the Summit of the Americas in The Angels; and the central topics of discussion will be development and migration.
The White House confirmed that the American president and host of the summit will reaffirm “the commitment to work together to deepen the economic integration” on the continent, as well as to promote a economic growth inclusive and address the economic causes of irregular migration in the region.
The government, meanwhile, understands this participation as an opportunity to also advance towards new tariff agreements with the North American power.
A meeting with the IDB in parallel
In addition to the first APEP activity, the Inter-American Development Bank (IDB)announced a new multilateral forum focused on investments that brings together 32 Atlantic coastal countries in Africa, Europe, North America, South America and the Caribbean. The president will also participate in that forum Luis Lacalle Pou along with leaders from other countries in the region.
Named as Association for Atlantic Cooperation —Partnership for Atlantic Cooperation, in English—this group will seek to address issues from economic development to environmental protection, as well as science and technology; from the Joint Declaration on Atlantic Cooperation which was signed last year.
“The Association for Atlantic Cooperation seeks to mark the beginning of a new chapter in the regional cooperation, forging deeper connections between Atlantic countries on four continents,” said the US embassy in Uruguay about. It will have a dual purpose: to allow Atlantic countries to expand cooperation on a variety of shared objectives and to defend a set of shared principles for Atlantic cooperation.
Source: Ambito
