VI EU-LAC Summit in Madrid, Spain
The international organisation EU-LAC Foundation is the result of the commitment between the European Union (EU) and Latin America and the Caribbean (LAC) to strengthen their relations. This will was initially expressed at the I EU-LAC Summit in 1999 in Rio de Janeiro, where the bi-regional strategic partnership was established.
At the V EU-LAC Summit in Lima on 16 May 2008, it was agreed to move towards the creation of a foundation to enhance bi-regional dialogue. To this end, a working group was set up to define its objectives, nature, governance and funding.
The official decision to create the EU-LAC Foundation was taken by the EU and LAC Heads of State and Government, the President of the European Council and the President of the Commission at the VI EU-LAC Summit in Madrid, Spain, on 18 May 2010. According to the Madrid Declaration, the entity was conceived as ‘a useful instrument to strengthen our bi-regional partnership and as a means to stimulate debate on common strategies and actions, as well as to enhance its visibility’.
EU-LAC began operating in November 2011, under German civil law, as a transitional foundation, based in Hamburg. Subsequently, at the 1st CELAC-EU Summit in 2013, a request was made to move forward with its transformation into an international organisation. The Constitutive Agreement of the organisation was opened for ratification in October 2016, having been the first international agreement negotiated by the 61 members of the strategic partnership between the European Union, Latin America and the Caribbean. The Constitutive Agreement entered into force on 17 May 2019, establishing the EU-LAC Foundation as an international intergovernmental organisation, with legal personality under public international law. To consult the Agreement available in 23 languages click here.