Sweden adopts new development cooperation strategy for Latin America, including specific strategies for Bolivia, Colombia, Cuba, Guatemala

On May 6, 2021, Sweden adopted new development cooperation strategies for Bolivia, Colombia, Cuba, Guatemala, as well as an overall strategy for Latin America, covering 2021-2025.

For the Latin America region, the new five-year strategy comprises SEK 1.0 billion (US$118 million). Under the strategy, Sweden will seek to address common and cross-border challenges such as democracy, human rights, the rule of law, gender equality as well as access to and respect for sexual and reproductive health and rights, migration, and environmental and climate action.

For all the individual strategies, Sweden likewise seeks to promote democracy, human rights, the rule of law, gender equality, inclusive economic development, and environmental and climate action.

For Bolivia, the new five-year strategy covers SEK 930 million (US$109 million).

For Colombia, the new five-year strategy comprises a total of SEK 1,155 million (US$136 million), out of which SEK 1,110 million (US$130 million) will be allocated to the Swedish International Development Cooperation Agency (Sida) and SEK 45 million (US$5 million) to the Folke Bernadotte Academy, a Swedish government development agency for peace and security.

For Cuba, the new five-year strategy covers SEK 175 million (US$21 million). The strategy has a special focus on promoting transparency and reducing corruption in Cuba.

For Guatemala, the new five-year strategy covers SEK 1150 million (US$135 million).

Press release - Swedish government