Package includes projects to extract minerals, electrify bus fleets and help protect Amazon rainforest
EU leaders in Brussels have announced €45bn (£39bn) in investments to Latin America and the Caribbean, some of which will speed the shift to clean energy, but made little headway thawing a frozen trade deal that critics say will further degrade the Amazon rainforest.
The EU-Celac summit, the first of its kind since 2015, aimed to bring the EU closer to Latin American and Caribbean countries. Disagreements over how to refer to the war in Ukraine in the final text soured negotiations.
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