New GIGA Focus Latin America | Growing Sino–US Rivalry in Latin America: An Opportunity for the EU

Víctor M. Mijares.

GIGA Focus | Latin America | Number 05 | November 2023 | ISSN 1862-3573.

In Latin America and the Caribbean, China’s growing presence represents a significant challenge to the worn-out hegemony of the US. Characterised by its diversity and an ardent desire to preserve national autonomy, the region finds itself at a crucial turning point. The EU faces both risks of marginalisation and unique opportunities to forge alliances based on mutual respect and shared values.

China’s advance in Latin America has challenged traditional US influence, significantly altering the geopolitical and economic balance in the region.

Latin America’s geopolitical loyalties and priorities are not homogeneous; diversity and the search for national autonomy are crucial to understanding regional dynamics.

The EU must recognise the risks of further isolation due to the growing influence of China and the US, in actively seek opportunities to establish more meaningful and varied alliances.

The EU should take advantage of its cultural influence and its commitment to environmental sustainability to position itself as a viable and desirable alternative to the dominant powers.

Policy Implications

The competition between China and the US in Latin America and the Caribbean provides the EU with a rare opportunity to redefine its role. By focusing on respect for diversity and national autonomy alongside strengthening its soft-power capabilities, the EU can establish a more influential and positive presence in a region in transformation.

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REGARDS CNRS (2023, 28 noviembre). New GIGA Focus Latin America | Growing Sino–US Rivalry in Latin America: An Opportunity for the EU. Redial & Ceisal. Recuperado 24 de abril de 2024, de https://doi.org/10.58079/tixh

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