According to Railfreight.com on August 31, there is major alarm in EU headquarters about the growing global importance of China’s BRI and the loss of political influence of the EU. A document by the EEAS (European External Action Service) on the supposed dangers of China’s and Russia’s growing influence in Latin America, leaked to Spanish paper El Pais, says: “China is the first or second most important trading partner of Latin American and Caribbean countries, displacing the EU and surpassing the United States in many countries.” Then, railfreight.com reports: “Moreover, the document warned that the EU should take immediate action to restore its regional influence by launching more investments. For instance, an investment plan of 8 billion euros is promoted for allocation in South America, with transport and infrastructure gradually becoming the tool for increased political sovereignty.”
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EU Climbs the Walls About Reality of BRI in Latin America and Caribbean
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