The role of the EU in promoting a broader transatlantic partnership

This study examines the possibilities for a new transatlantic partnership that includes both the traditional powers of the North Atlantic and the rising strength of Latin America. It begins by taking stock of traditional relations, showing how the old patterns of trade and investment across the North Atlantic are beginning to give way to new realities even as traditional North-South relations along the two sides of the Atlantic seaboard give way to a growing South-South dynamic. This background is necessary to explain why change is important. A subsequent examination of the opportunities available in Africa and the competition from emerging powers like China and India explains why a change in the transatlantic relationship is inevitable.