Did Biden’s Latin America Summit Offer Too Little, Too Late?

By Fernanda Magnotta

APEP suffers from a shortfall of ambition and participation, leaving out the region’s biggest economy, writes a foreign relations expert.

SÃO PAULO — On November 3, U.S. President Joe Biden hosted the Americas Partnership for Economic Prosperity (APEP) summit in Washington, D.C., a U.S.-led forum aiming to bolster regional competitiveness and mobilize investment. Biden and leaders from 11 other countries in the Western Hemisphere unveiled plans to drive growth and strengthen critical supply chains, initially focusing on clean energy, semiconductors and medical supplies. But major regional players like Brazil aren’t participating, citing the non-participation of Argentina and other CELAC members. From the...

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