EU commits $133 million in investment aid for Latin American, Caribbean nations at summit

The European Union has committed 118 million euros ($133 million) in investment support for Latin America and Caribbean nations at the start of their two-day summit.

The EU Commission said Wednesday that the combination of loans, grants and other financial operations would seek to enhance trans-Atlantic cooperation.

The executive of the 28-nation EU said the support will center on the transport, energy and environment sectors in the nations.