GLOBAL CENTRE STAGE

February 2013

 
 

 

 

 

 
 
 

Enhancing the Role of European
and Latin-American SMEs

                           

The CELAC-EU Business Summit is an international event that is held every two years and gathers entrepreneurial leaders, institutions and people connected to the business world in Latin America, the Caribbean and the EU

 
   

In the framework of the EU-CELAC Summit on January 24-27 at Santiago, Chile, the AL-INVEST IV Programme together with Eurochile organised a business summit with an EU-CELAC matchmaking event and a workshop on ‘Exchange of experience between Latin America and Europe: What we have learned from the experiences of development and crisis’.

The AL-INVEST programme is one of the most relevant regional economic cooperation programmes of the European Commission in Latin America. The main goal of the AL-INVEST IV programme is to promote social cohesion by supporting Latin American SMEs in their consolidation and internationalisation, and by sharing innovation and knowledge, and creating economic relations with their European counterparts. AL-INVEST IV covers all 18 Latin American countries and the entire European Union. The total investment of the programme amounts to €62 million, of which €50 million is financed by the European Commission.

The fourth part of the programme was carried out by three sub-regional consortia of business organisations belonging to three different areas of Latin America: Central America-Cuba-Mexico (CAMC), Andean Region (RA) and Mercosur Chile and Venezuela (MCV). The three consortia have the support of the horizontal services provided by the Consortium of Coordination and Services, led by EUROCHAMBRES.

A Unique Platform

The Business Matchmaking Event EU-CELAC is a unique platform to gain better mutual understanding regarding business partners, innovation and cooperation between the European Union and Latin America and the Caribbean. Around 450 bilateral meetings were programmed during the matchmaking event. Business-support organisations and companies from 36 European and Latin American countries took part in the B2B meetings with the aim of promoting cooperation projects. The participants included organisations supporting the private sector such as chambers of commerce and industry, industrial organisations, agencies promoting trade and investment, financial institutions and business associations, as well as companies. The event aimed at promoting economic cooperation between business organisations and companies from Latin America, the Caribbean and the European Union. Regional collaboration in areas surrounding joint ventures, exchange of experiences between business support organisations, technical cooperation and trade, was addressed in the framework of the internationalisation of companies. During the Summit, representatives of the Economic Commission for Latin America and the Caribbean, United Nations together with the AL-INVEST IV Programme and EUROCHAMBRES presented the result of a survey on policy proposals for SMEs support from the private sector point of view.

 

Text Courtesy - AL-INVEST IV, ECLAC and EUROCHAMBRES   

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