IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.41% USD/MXN17.51▲ 0.66% USD/CLP946.40▲ 1.15% USD/COP3,224▼ 0.09% USD/PEN3.39▼ 0.23% USD/ARS1,488▲ 0.36% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.77▼ 0.45% BRENT 86.83 ▼ 7.70% WTI 91.23 ▲ 5.07% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.15% GOLD 4,047 ▼ 2.41% SILVER 57.92 ▼ 3.51% SOY 1,247 ▲ 1.09% CORN 486.50 ▲ 5.30% WHEAT 702.25 ▼ 0.50% COFFEE 312.65 ▼ 1.26% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 146.25 ▼ 2.69% COTTON 81.49 ▲ 2.03% COCOA 5,207 ▼ 2.27% BEEF 221.35 ▼ 0.83% CATTLE 339.48 ▼ 0.50% LITHIUM 69.27 ▲ 0.39% PETR4 43.34 ▲ 1.78% VALE3 76.85 ▲ 2.33% ITUB4 42.60 ▼ 0.70% BBDC4 18.85 ▼ 0.63% ABEV3 16.02 ▼ 0.68% BBAS3 20.87 ▼ 1.04% B3SA3 15.67 ▼ 1.45% WEGE3 45.41 ▼ 2.85% PRIO3 60.97 ▲ 2.01% SUZB3 42.33 ▼ 0.77% RENT3 36.84 ▼ 0.81% AZZA3 17.27 ▼ 3.03% CSAN3 3.91 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.87 ▼ 1.02% PSSA3 55.34 ▼ 0.20% CVCB3 1.25 ▼ 1.57% POSI3 3.68 ▼ 0.54% SLCE3 13.98 ▲ 0.14% NATU3 8.68 — 0.00% BRKM5 6.21 ▲ 2.31% RANI3 8.00 — 0.00% CSNA3 5.57 ▲ 3.53% CMIN3 5.78 ▼ 1.03% USIM5 8.67 ▲ 0.23% GGBR4 24.32 ▲ 1.08% ENEV3 25.69 ▼ 1.08% CPFE3 46.33 ▼ 0.81% CMIG4 11.12 ▼ 0.80% EQTL3 38.68 ▼ 1.70% LREN3 13.39 ▼ 1.11% VIVT3 35.28 ▼ 0.28% RAIL3 13.87 ▲ 1.69% KLABIN 17.79 ▼ 0.78% RAIA DROGASIL 18.49 ▲ 1.09% RDOR3 33.62 ▼ 2.52% HAPV3 10.84 ▼ 4.83% FLRY3 16.59 ▼ 0.36% SMTO3 16.04 ▼ 0.06% UGPA3 33.16 ▲ 1.01% VBBR3 35.31 ▲ 0.94% BBSE3 42.36 ▼ 0.52% BPAC11 56.04 ▼ 1.72% CURY3 29.42 ▼ 2.58% AERI3 2.05 — 0.00% VIVARA 21.39 ▼ 0.74% COMPASS 24.89 ▲ 0.32% VAMOS 3.19 ▼ 1.24% SANB11 26.72 ▼ 0.85% ASAI3 8.24 ▼ 1.90% SBSP3 28.61 ▼ 2.32% WALMEX 47.59 ▼ 2.18% GMEXICO 214.10 ▼ 0.42% FEMSA 228.73 ▲ 0.43% CEMEX 22.03 ▼ 0.63% GFNORTE 191.25 ▼ 0.19% BIMBO 59.92 ▼ 0.63% TELEVISA 9.74 ▼ 0.81% AMX 22.62 ▼ 0.31% GAP 374.85 ▼ 0.50% ASUR 270.38 ▼ 1.15% OMA 229.39 ▲ 0.30% KOF 182.71 ▲ 0.03% GRUMA 273.84 ▼ 2.36% KIMBER 38.78 ▼ 0.10% SQM-B 66,600 ▲ 2.37% COPEC 6,500 ▼ 0.76% BSANTANDER 79.82 ▼ 0.04% FALABELLA 6,075 ▲ 0.55% ENELAM 84.50 ▼ 0.04% CENCOSUD 2,000 ▼ 0.48% CMPC 1,070 — 0.00% BANCO CHILE 194.12 ▲ 0.32% LATAM AIR 23.67 ▼ 1.74% YPF 83,575 ▲ 1.30% GGAL 8,155 ▼ 1.45% PAMPA 5,595 ▼ 0.53% TXAR 670.00 ▲ 0.30% ALUAR 974.00 — 0.00% TGS 9,980 ▲ 0.76% CEPU 2,381 ▼ 1.24% MIRGOR 16,925 ▲ 0.89% COME 42.70 ▼ 1.02% LOMA NEGRA 3,760 ▼ 1.31% BYMA 294.75 ▼ 0.25% TELECOM ARG 4,290 ▼ 2.94% ECOPETROL 16.64 ▼ 0.30% BANCOLOMBIA 85.00 ▲ 0.40% GRUPO AVAL 4.98 ▼ 1.29% CREDICORP 392.01 ▼ 0.42% SOUTHERN COPPER 187.32 ▼ 4.17% BUENAVENTURA 31.08 ▼ 3.15% MERCADOLIBRE 1,783 ▼ 0.87% NUBANK 14.44 ▼ 0.52% XP 17.30 — 0.00% PAGSEGURO 9.48 ▼ 2.02% STONE 11.09 ▼ 2.38% GLOBANT 29.77 ▼ 2.93% TECNOGLASS 44.45 ▼ 1.71% GAP AIRPORT 213.71 ▼ 1.76% ASUR 270.38 ▼ 1.15% OMA AIRPORT 104.54 ▼ 0.77% AMX ADR 25.92 ▼ 0.77% FEMSA ADR 130.50 ▼ 0.32% CEMEX ADR 12.59 ▼ 1.02% PETROBRAS ADR 19.25 ▲ 1.88% VALE ADR 15.12 ▲ 1.82% ITAU ADR 8.39 ▼ 1.12% SANTANDER BR 5.37 ▼ 1.47% AMBEV ADR 3.13 ▼ 0.32% CSN 1.12 ▲ 2.29% GERDAU 4.80 ▲ 0.58% LATAM ADR 49.74 ▼ 2.97% BTC 65,099 ▼ 1.52% ETH 1,903 ▼ 1.60% SOL 76.70 ▼ 1.55% XRP 1.11 ▼ 2.46% BNB 566.50 ▼ 0.75% ADA 0.17 ▼ 1.67% DOGE 0.07 ▼ 3.29% AVAX 6.48 ▼ 2.07% LINK 8.51 ▼ 1.30% DOT 0.82 ▼ 1.94% LTC 46.74 ▼ 0.70% BCH 214.76 ▼ 2.37% TRX 0.33 ▼ 0.73% XLM 0.18 ▼ 2.47% HBAR 0.07 ▼ 1.22% NEAR 1.89 ▲ 1.02% ATOM 1.44 ▼ 1.61% AAVE 96.30 ▼ 1.09% SELIC 14.25% EMBRAER 83.92 ▲ 0.16% EMBRAER ADR 66.08 ▲ 0.04% JBS 12.13 ▼ 0.98% JBS BDR 61.45 ▼ 0.57% MBRF3 16.03 — 0.00% MBRFY 3.11 ▼ 2.51% INTER 5.55 ▼ 2.46% EGX 53,932 ▼ 0.11% USD/ZAR16.69▲ 1.78% USD/NGN1,366▼ 0.48% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.94▲ 0.49% USD/CNY6.77▼ 0.05% DAX 24,844 ▼ 1.24% CAC 8,307 ▼ 1.56% FTSE 10,658 ▼ 0.55% MIB 51,544 ▼ 2.36% IBEX 19,315 ▼ 1.31% STOXX 640.48 ▼ 1.00% EUR/USD1.14▼ 0.34% GBP/USD1.33▼ 0.38% SPX 7,424 ▼ 1.00% DJI 51,722 ▼ 0.95% NDX 28,576 ▼ 1.46% RUT 2,942 ▼ 0.61% TSX 35,290 ▼ 0.55% VIX 19.13 ▲ 14.96% USD/CAD1.41— 0.00% US10Y 4.7050 ▲ 1.03% IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.41% USD/MXN 17.51 ▲ 0.66% USD/CLP 946.40 ▲ 1.15% USD/COP 3,224 ▼ 0.09% USD/PEN 3.39 ▼ 0.23% USD/ARS 1,488 ▲ 0.36% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.77 ▼ 0.45% BRENT 86.83 ▼ 7.70% WTI 91.23 ▲ 5.07% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.15% GOLD 4,047 ▼ 2.41% SILVER 57.92 ▼ 3.51% SOY 1,247 ▲ 1.09% CORN 486.50 ▲ 5.30% WHEAT 702.25 ▼ 0.50% COFFEE 312.65 ▼ 1.26% SUGAR 14.68 ▼ 0.41% ORANGE JUICE 146.25 ▼ 2.69% COTTON 81.49 ▲ 2.03% COCOA 5,207 ▼ 2.27% BEEF 221.35 ▼ 0.83% CATTLE 339.48 ▼ 0.50% LITHIUM 69.27 ▲ 0.39% PETR4 43.34 ▲ 1.78% VALE3 76.85 ▲ 2.33% ITUB4 42.60 ▼ 0.70% BBDC4 18.85 ▼ 0.63% ABEV3 16.02 ▼ 0.68% BBAS3 20.87 ▼ 1.04% B3SA3 15.67 ▼ 1.45% WEGE3 45.41 ▼ 2.85% PRIO3 60.97 ▲ 2.01% SUZB3 42.33 ▼ 0.77% RENT3 36.84 ▼ 0.81% AZZA3 17.27 ▼ 3.03% CSAN3 3.91 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.87 ▼ 1.02% PSSA3 55.34 ▼ 0.20% CVCB3 1.25 ▼ 1.57% POSI3 3.68 ▼ 0.54% SLCE3 13.98 ▲ 0.14% NATU3 8.68 — 0.00% BRKM5 6.21 ▲ 2.31% RANI3 8.00 — 0.00% CSNA3 5.57 ▲ 3.53% CMIN3 5.78 ▼ 1.03% USIM5 8.67 ▲ 0.23% GGBR4 24.32 ▲ 1.08% ENEV3 25.69 ▼ 1.08% CPFE3 46.33 ▼ 0.81% CMIG4 11.12 ▼ 0.80% EQTL3 38.68 ▼ 1.70% LREN3 13.39 ▼ 1.11% VIVT3 35.28 ▼ 0.28% RAIL3 13.87 ▲ 1.69% KLABIN 17.79 ▼ 0.78% RAIA DROGASIL 18.49 ▲ 1.09% RDOR3 33.62 ▼ 2.52% HAPV3 10.84 ▼ 4.83% FLRY3 16.59 ▼ 0.36% SMTO3 16.04 ▼ 0.06% UGPA3 33.16 ▲ 1.01% VBBR3 35.31 ▲ 0.94% BBSE3 42.36 ▼ 0.52% BPAC11 56.04 ▼ 1.72% CURY3 29.42 ▼ 2.58% AERI3 2.05 — 0.00% VIVARA 21.39 ▼ 0.74% COMPASS 24.89 ▲ 0.32% VAMOS 3.19 ▼ 1.24% SANB11 26.72 ▼ 0.85% ASAI3 8.24 ▼ 1.90% SBSP3 28.61 ▼ 2.32% WALMEX 47.59 ▼ 2.18% GMEXICO 214.10 ▼ 0.42% FEMSA 228.73 ▲ 0.43% CEMEX 22.03 ▼ 0.63% GFNORTE 191.25 ▼ 0.19% BIMBO 59.92 ▼ 0.63% TELEVISA 9.74 ▼ 0.81% AMX 22.62 ▼ 0.31% GAP 374.85 ▼ 0.50% ASUR 270.38 ▼ 1.15% OMA 229.39 ▲ 0.30% KOF 182.71 ▲ 0.03% GRUMA 273.84 ▼ 2.36% KIMBER 38.78 ▼ 0.10% SQM-B 66,600 ▲ 2.37% COPEC 6,500 ▼ 0.76% BSANTANDER 79.82 ▼ 0.04% FALABELLA 6,075 ▲ 0.55% ENELAM 84.50 ▼ 0.04% CENCOSUD 2,000 ▼ 0.48% CMPC 1,070 — 0.00% BANCO CHILE 194.12 ▲ 0.32% LATAM AIR 23.67 ▼ 1.74% YPF 83,575 ▲ 1.30% GGAL 8,155 ▼ 1.45% PAMPA 5,595 ▼ 0.53% TXAR 670.00 ▲ 0.30% ALUAR 974.00 — 0.00% TGS 9,980 ▲ 0.76% CEPU 2,381 ▼ 1.24% MIRGOR 16,925 ▲ 0.89% COME 42.70 ▼ 1.02% LOMA NEGRA 3,760 ▼ 1.31% BYMA 294.75 ▼ 0.25% TELECOM ARG 4,290 ▼ 2.94% ECOPETROL 16.64 ▼ 0.30% BANCOLOMBIA 85.00 ▲ 0.40% GRUPO AVAL 4.98 ▼ 1.29% CREDICORP 392.01 ▼ 0.42% SOUTHERN COPPER 187.32 ▼ 4.17% BUENAVENTURA 31.08 ▼ 3.15% MERCADOLIBRE 1,783 ▼ 0.87% NUBANK 14.44 ▼ 0.52% XP 17.30 — 0.00% PAGSEGURO 9.48 ▼ 2.02% STONE 11.09 ▼ 2.38% GLOBANT 29.77 ▼ 2.93% TECNOGLASS 44.45 ▼ 1.71% GAP AIRPORT 213.71 ▼ 1.76% ASUR 270.38 ▼ 1.15% OMA AIRPORT 104.54 ▼ 0.77% AMX ADR 25.92 ▼ 0.77% FEMSA ADR 130.50 ▼ 0.32% CEMEX ADR 12.59 ▼ 1.02% PETROBRAS ADR 19.25 ▲ 1.88% VALE ADR 15.12 ▲ 1.82% ITAU ADR 8.39 ▼ 1.12% SANTANDER BR 5.37 ▼ 1.47% AMBEV ADR 3.13 ▼ 0.32% CSN 1.12 ▲ 2.29% GERDAU 4.80 ▲ 0.58% LATAM ADR 49.74 ▼ 2.97% BTC 65,099 ▼ 1.52% ETH 1,903 ▼ 1.60% SOL 76.70 ▼ 1.55% XRP 1.11 ▼ 2.46% BNB 566.50 ▼ 0.75% ADA 0.17 ▼ 1.67% DOGE 0.07 ▼ 3.29% AVAX 6.48 ▼ 2.07% LINK 8.51 ▼ 1.30% DOT 0.82 ▼ 1.94% LTC 46.74 ▼ 0.70% BCH 214.76 ▼ 2.37% TRX 0.33 ▼ 0.73% XLM 0.18 ▼ 2.47% HBAR 0.07 ▼ 1.22% NEAR 1.89 ▲ 1.02% ATOM 1.44 ▼ 1.61% AAVE 96.30 ▼ 1.09% SELIC 14.25% EMBRAER 83.92 ▲ 0.16% EMBRAER ADR 66.08 ▲ 0.04% JBS 12.13 ▼ 0.98% JBS BDR 61.45 ▼ 0.57% MBRF3 16.03 — 0.00% MBRFY 3.11 ▼ 2.51% INTER 5.55 ▼ 2.46% EGX 53,932 ▼ 0.11% USD/ZAR 16.68 ▲ 1.66% USD/NGN 1,366 ▼ 0.27% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.93 ▲ 0.51% USD/CNY 6.7696 ▲ 0.08% DAX 24,844 ▼ 1.24% CAC 8,307 ▼ 1.56% FTSE 10,658 ▼ 0.55% MIB 51,544 ▼ 2.36% IBEX 19,315 ▼ 1.31% STOXX 640.48 ▼ 1.00% EUR/USD 1.1373 ▼ 0.32% GBP/USD 1.3325 ▼ 0.38% SPX 7,424 ▼ 1.00% DJI 51,722 ▼ 0.95% NDX 28,576 ▼ 1.46% RUT 2,942 ▼ 0.61% TSX 35,290 ▼ 0.55% VIX 19.13 ▲ 14.96% USD/CAD 1.4088 ▲ 0.04% US10Y 4.7050 ▲ 1.03%
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Thursday, July 23, 2026

Latin America Colombia

Why Europe’s Leaders Are Skipping Latin America’s Flagship Summit — And What It Means

By · November 5, 2025 · 2 min read

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The EU–CELAC summit in Santa Marta, Colombia (November 9–10), was sold as a reset: more trade, tighter security, fewer euphemisms about organized crime.

Instead, the story opens with empty chairs. European Commission President Ursula von der Leyen isn’t coming. Germany’s Friedrich Merz and France’s Emmanuel Macron aren’t either.

The EU’s foreign-policy chief, Kaja Kallas, will carry the brief—useful, but not the same signal. Why the retreat? Officially: calendars. Practically: risk management.

In the run-up, Washington sanctioned Colombia’s leadership and stepped up maritime strikes on suspected traffickers near Venezuela.

That combination turned the optics radioactive. Few leaders want to be photographed navigating a summit that could be framed—fairly or not—as choosing sides.

What matters isn’t the snub; it’s the spillover. Europe and Latin America move fertilizers, food, energy components, and critical minerals through the same ports that traffickers try to exploit.

Why Europe’s Leaders Are Skipping Latin America’s Flagship Summit — And What It Means. (Photo Internet reproduction)
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When cooperation on money laundering, extradition, and port inspections stalls, costs rise for exporters and headaches multiply for travelers and expats.

And the long-delayed EU–Mercosur track—still the biggest prize—depends on credible timelines, enforceable standards, and the sense that contracts survive politics.

Regional summit shifts focus from politics to practical cooperation

Here’s the real story behind the story. When presidents step back, the space fills with actors who live or die by results: interior ministers, prosecutors, customs chiefs, and business coalitions that prefer clear rules over grandstanding.

They push for joint container checks, data-sharing on routes, tighter KYC across banks and fintechs, and customs processes that work in practice.

That agenda favors stability, accountability, and growth—values that reassure investors and communities tired of impunity. The region’s mood is fragile.

The Dominican Republic just postponed a separate hemispheric summit to next year, citing divisions. Brazil’s Lula da Silva may still offer a steadying cameo in Santa Marta, but this week won’t be judged by podium shots. It will be judged by paperwork.

What to watch: concrete MOUs on ports and policing; a dated roadmap for market-opening files; and whether U.S. pressure is calibrated to keep partners aligned rather than split them.

If Santa Marta yields even small, verifiable steps on security and trade facilitation, that will matter more than who skipped the group photo—and it will be felt in prices, travel plans, and investment decisions far beyond Colombia.

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