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Latin America Poised to Lead Global Food Production, Says Ibero-American Secretary General

Latin America Poised to Lead Global Food Production, Says Ibero-American Secretary General

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

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  • Latin America has the potential to become the world's leading food producer, according to the Ibero-American Secretary General Andrés Allamand.
  • Global powers like the U.S., China, and the EU are showing increased interest in partnering with the region for food production and strategic development.
  • The region is also a key source of critical minerals and boasts significant biodiversity and freshwater resources, positioning it as a future investment hub.

Latin America possesses the capacity to emerge as the world's foremost food producer, stated Andrés Allamand, Secretary General of the Ibero-American Secretariat (Segib). This potential arises as global powers express a growing interest in the region's agricultural and strategic importance.

Latin America has the capacity to become the main food producer in the world.

— Andrés AllamandThe Secretary General of the Ibero-American Secretariat stated the region's potential during an event at the Menéndez Pelayo International University.

With the global population projected to reach 9.7 billion by 2050, a near doubling of current food production is necessary. Allamand highlighted that major powers, including the United States, China, and the European Union, are keen to play a significant role in Latin America's development. The U.S. has designated the region a "strategic priority," while China's President Xi Jinping has spoken of initiating a "historic era for a community of shared future."

The European Union also aims to elevate its partnership with Latin America, with Commission President Ursula von der Leyen expressing a desire to become a "preferred partner." India is set to participate as an observer in the upcoming Ibero-American Summit in Madrid, signaling further international engagement.

the region, where democracy is advancing 'even if with difficulties,' will consolidate itself as a pole of investment.

— Andrés AllamandAllamand spoke about the region's political and economic outlook ahead of the Ibero-American Summit.

Allamand emphasized that Latin America is already a crucial "reserve" for critical minerals essential for the digital transformation. Furthermore, the region's status as the most biodiverse on the planet, holding 31% of the world's freshwater resources, solidifies its position as a vital hub for investment and future development, even as democracy advances with challenges.

the region is already the 'reserve' of critical minerals for digital transformation, in addition to being the most biodiverse region on the planet, with 31% of the world's drinking water.

— Andrés AllamandAllamand highlighted Latin America's natural resources and strategic importance.
DistantNews Editorial

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.