US must update Latin America toolkit to keep pace with China sway in region, Biden officials say
- Washington better served by focusing on economics and other areas to ‘counter malign forms of Chinese and Russian influence’, according to new report
- Latin America’s security and prosperity have direct impact on US, official adds, as regional leaders urge greater political engagement from Washington
The US needs to update its political, diplomatic and economic toolkit if it wants to keep pace with China in vying for influence in Latin America, several Biden administration officials and representatives from the region said.
The conclusion echoed that of a 36-page report on the subject by the Atlantic Council, a Washington-based think tank that convened an event to discuss the findings on Monday.
This was necessary to “counter malign forms of Chinese and Russian influence in Latin America and the Caribbean”, according to the report.
“The security and prosperity of Latin America and the Caribbean have a direct impact on the US,” said Juan Gonzalez, who works on Western hemisphere affairs at the National Security Council.
In contrast, China “offers low prices, extended financing and lots of support”, he said, observing that countries make choices heeding “their interests and finding assets that they can afford to help build up their arsenal”.
This was one of the main reasons Beijing in recent years had been so successful vis-à-vis Washington in the region, Gonzalez added.
In response, Liu Pengyu, a spokesman for the Chinese embassy in Washington, said, “China’s policy towards Latin America is transparent and open” and that all engagements in the region were guided by “mutual respect, equality, mutual benefit, win-win cooperation, openness and inclusiveness”.
China carries out cooperation with countries “on the basis of respecting each other’s needs and interests”, he added.
Another challenge was that the Inter-American Development Bank – a Washington-based institution that for decades served as a primary source of development financing in Latin America – had lagged in luring investment from private companies in the US.
Mark Wells, a deputy assistant secretary of state for Western hemisphere affairs, said “a lot of [Biden administration initiatives in the region] deserve a couple more zeros at the end when it comes to funding”.
But he argued the US had tried to “prove the concept that we are ready for a new era in Latin American relations”.
“This is a way to expand our cooperation and financing for high-quality critical infrastructure and other strategic economic sectors,” he said.
Despite the ideas, Latin American officials at the event on Monday called for greater political willingness in Washington to bolster relations.
Javier Milei, Argentina’s new president, had called for heightened US engagement on issues such as free-trade agreements, she said.
“And this is actually not something the US should do to counter Chinese or Russian influence” in the region, Mondino added.
“That’s not the point. The US has to get back to doing the right thing … promoting trade, upholding the rule of law and becoming a customary partner.”