China-CELAC Agreement Could Bolster Infrastructure Development In Latin America

A number of Latin American and Caribbean countries have strengthened their ties with China after signing a wide-ranging economic and political agreement. In December the Community of Latin American and Caribbean States (CELAC), a bloc of 33 countries that includes regional heavyweights such as Argentina, Colombia and Mexico, signed the China-CELAC Joint Action Plan for Cooperation in Key Areas 2022-24. The seven-point agreement outlines plans for greater engagement and cooperation between governments, private companies and financial institutions…