go to top
Brazilian President Dilma Rousseff and Angolan President Jose Eduardo dos Santos, Brasilia, Brazil, June 16, 2014 (Agência Brasil photo by Fabio Rodrigues Pozzebom).

Pull of Global Economy Increases Latin America-Africa Engagement

, Wednesday, Dec. 31, 2014

Relations between Africa and Latin America, which stem predominantly from the post-Cold War period, are incipient but growing, and 2014 saw important developments between the two regions in areas such as trade, diplomatic relations and health cooperation. Their engagement reflects each region’s growing integration into the global economy, rather than a specific prioritization of Latin America-Africa relations. Nevertheless, four key countries—Brazil, Mexico, Cuba and South Africa—have played a leading role in strengthening relations and cooperation.

On the economic front, trade between South American and African countries grew 75 percent between 2005 and 2012, reaching $39 billion in 2012. Though the global recession slowed this growth, countries in both regions remain optimistic about advancing trade ties. In October 2014, Mexico and South Africa signed a series of economic agreements, while Peru announced plans to bolster economic engagement with African countries. Several free trade agreements are already in place, including an agreement between MERCOSUR and the South African Customs Union, which includes Botswana, Lesotho, Namibia, South Africa and Swaziland. ...

Want to Read the Rest?
Login or Subscribe Today.
Get unlimited access to must-read news, analysis and opinion from top experts. Subscribe to World Politics Review and you'll receive instant access to 9,000+ articles in the World Politics Review Library, along with new comprehensive analysis every weekday . . . written by leading topic experts.

YES, I want to subscribe now.