The meeting, scheduled for this week, will bring together almost twenty foreign ministers and other high-level representatives of the region, in addition to the presidents of Brazil, Luiz Inácio Lula da Silva; of Colombia, Gustavo Petro; of Chile, Gabriel Boric, and Chinese President Xi Jinping, who will deliver the opening speech.
The China-Celac Ministerial Forum celebrates ten years since its official launch in 2015, and over the course of this decade it has allowed to raise mutual political trust, align development strategies and promote connectivity between the peoples of both regions.
The event will allow the Asian giant and the Latin American and Caribbean region to address common development strategies and challenges, strengthen the collective voice of the Global South for solidarity and self-sufficiency, and convey stability in a context of uncertainty.
The meeting is seen as an opportunity to strengthen ties and forge new alliances. Beijing is the second most important trading partner of Latin America and the Caribbean, and the main trading partner for countries such as Chile, Brazil and Peru. Five nations in the region (Chile, Peru, Costa Rica, Ecuador and Nicaragua) have free trade agreements with the Asian giant.
Two documents are expected to be approved at the Forum: the Beijing Declaration of the Fourth Ministerial Meeting, and the Celac-China Joint Action Plan for Cooperation in Key Areas during the period 2025-2027.
The Declaration will show the decision of the participating countries to continue with peace, development and cooperation. Moreover, the Plan will include specific measures for cooperation in sectors such as innovation, trade and investment, finance, infrastructure, agriculture, information technology, energy and minerals, and also on cooperation taking place in the context of the Belt and Road initiative.
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