Finally, an EU-LAC partnership worthy of the name in the social field and in the spheres of knowledge and joint action to bring about sustainable development requires not only a substantial increase in resources, but also a new development cooperation model designed to address disparities, reduce the cost of adapting to free trade, and bolster the public policies and private initiatives needed to tackle the deep-rooted economic integration intrinsically entailed in the establishment of free trade areas.
Finally, an EU-LAC partnership worthy of the name in the social field and in the spheres of knowledge and joint action to bring about sustainable development requires not only a substantial increase in resources, but also a new development cooperation model designed to address disparities, reduce the cost of adapting to free trade, and bolster the public policies and private initiatives needed to tackle the deep-rooted economic integration intrinsically entailed in the establishment of free trade areas.