EU-Brazil Relations: Opportunities and Challenges from the Global Gateway and the Amazon Fund Initiatives

Publication Date: 
2024
Pages: 
6
Publication Language: 
EN
Policy Brief Type: 
Abstract: 

EU-Brazil cooperation under the Global Gateway and Amazon Fund initiatives can contribute to the progress of the EU-Brazil Strategic Partnership by overcoming the challenges to the conclusion of the EU-Mercosur negotiations.

The EU’s Global Gateway portfolio to Brazil must meet the real needs of the Brazilian society. The EU’s projects have put a strong focus on energy transition, but there is a shortage of infrastructure (physical and digital) in Brazil that needs to be simultaneously overcome alongside the agenda traditionally associated with the Green Deal.

The Amazon Fund should be recognised as a catalyst for cooperation between the EU and Brazil on environmental issues, with the aim of establishing a common agenda, shared concerns and achievable objectives that will contribute to a gradual convergence between the two partners on the urgency of action to protect the Amazon region.