The finance ministers of the countries of the European Union, Latin America and the Caribbean agreed, on Friday 15 September in Santiago de Compostela, on a monitoring mechanism for each investment project for Latin America and the Caribbean included in the EU's ‘Global Gateway’ programme which was agreed upon at the EU/CELAC summit in mid-July in Brussels (see EUROPE B13224A1).
The European Commission will monitor each project with the support of international financial institutions...