Thursday, 2nd November 2023, from 12:00 to 13:30 h. CET (UTC+1). Venue: Espacio Bertelsmann (c/ O’Donnell nº 10, Madrid).

The Elcano Report “Why does Latin America matter?” identifies the position of the region in the new global geopolitics and aims to attract Europe’s interest towards the importance of Euro-Latin American relations. The effects of the Russian invasion of Ukraine and the subsequent isolation of the EU from the so-called “Global South”, as well as Spain’s six-month presidency of the Council of the Union, are an excellent opportunity to discuss these issues.

The document focuses on four topics, based on the rigorous use of the data, to question the dominant narrative: 1) Latin America is a political disaster; 2) Latin America is an economic failure; 3) the EU and the US have abandoned Latin America allowing China to become a hegemonic actor in the region; 4) European companies, particularly Spanish ones, are abandoning Latin America to invest in more profitable and safer destinations.

The Report closes by emphasizing the priorities of the Spanish Presidency of the Council of the EU and the need to close an agreement of key strategic importance: the EU-Mercosur Association Treaty.

Hashtag: #ElcanoAmlat


  • María José Hernando, Deputy Director for Country Risk, Cesce | @cesce_es
  • Juana Téllez, Chief Economist, BBVA Research Colombia; member of the Scientific Council of the Elcano Royal Institute | @juanatellez

The editors of the Report:

  • José Juan Ruiz, Chairman, Elcano Royal Institute | @ElcanoJjRuiz 
  • Carlos Malamud, Senior Analyst, Elcano Royal Institute | @CarlosMalamud
  • Ernesto Talvi, Senior Analyst, Elcano Royal Institute | @ernesto_talvi

– The event will be held in Spanish without simultaneous translation.

– If you are planning to attend in-person, please send RSVP to

– The event will also be live streamed on the Elcano Royal Institute’s YouTube channel. On-line attendance does not require registration.

– Questions from on-line audience can be sent by email to or via Twitter using the event hashtag #ElcanoAmlat.