8 Amazon nations launch alliance to fight deforestation and to protect Amazon Rainforest | Oneindia
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8 Amazon nations launch alliance to fight deforestation and to protect Amazon Rainforest | Oneindia
8 South American countries have agreed to launch an alliance to fight deforestation in the Amazon, vowing at a summit in Brazil to stop the world’s biggest rainforest from reaching "a point of no return".
It is the first summit in 14 years for the eight-nation group, set up in 1995 by the South American countries that share the Amazon basin.
The closely watched summit of the Amazon Cooperation Treaty Organization (ACTO) adopted what host country Brazil called a "new and ambitious shared agenda" to save the rainforest, a crucial buffer against climate change that experts warn is being pushed to the brink of collapse.
The summit is a key test for veteran leftist Lula, who previously served as president from 2003 to 2010 and returned to office in January, vowing "Brazil is back" in the fight against climate change, after four years of massive deforestation under his far-right predecessor, Jair Bolsonaro.
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As U.S. trade tensions mount, China is strengthening its grip on Latin America. At the China-CELAC Forum in Beijing, leaders from across the region gathered, with many deepening their commitment to China’s Belt and Road Initiative. With two-thirds of Latin American countries already on board, China has become the top trading partner for major economies like Brazil and Peru. Meanwhile, Trump's tariff threats and warnings over the Panama Canal have driven mistrust. China now positions itself as the reliable partner Latin America can count on.
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