LatAm-EU summit to tackle sustainability: Chilean presidentSouce:Xinhua Publish By Thomas Whittle Updated 23/01/2013 8:55 pm in World / no comments
SANTIAGO, Jan. 22 — Chilean President Sebastian Pinera said Tuesday that an upcoming summit of Latin American and European leaders will focus on sustainable development through responsible investment.
Now is the ideal moment to begin a new stage featuring environment- and society-friendly cooperation, said Pinera at the opening of the summit venue in Santiago.
This new phase of cooperation will not be restricted to free trade, investment flows or political collaboration, but will expand to the challenges of water, energy, education, technology and global warming, Pinera said.
The summit is right on time as Europe undergoes a deep economic crisis that has caused recession, while Latin America is experiencing a rebirth, Pinera added.
The summit of the Community of Latin American and Caribbean States (CELAC) and the European Union (EU) will take place Saturday and Sunday. CELAC members will hold a summit of their own on Monday.
CELAC groups 33 countries with 600 million people and the EU 27 countries with 500 million people.