Published on Friday, August 22, 2014 | Updated on Friday, August 22, 2014

China-CELAC: A multilateral forum that serves multiple goals

One of the main outcomes of President Xi Jinping’s visit to Latin America following the BRICS Summit was the establishment of a China-CELAC Forum. The newly established China-CELAC Forum, with an initial US$20 Bn in funding, could challenge the effectiveness and impact of other regional initiatives such as the Organization of American States (OAS), the Summit of the Americas and the Ibero-American General Secretariat (SEGIB).

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