INTERNATIONAL JOURNAL OF COOPERATION AND DEVELOPMENT
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Abstract
During the last two years and since the entry into force of the Lisbon Treaty there have been raised institutional, regulatory and policy changes in the European Union. These Changes have come together with the establishment of the guidelines for efficacy of aid in the international system of development cooperation since 2005. These developments have direct implications on the EU relations with third countries, in addition to the growing role of emerging donors in the development commitments and the requirement for co - coordinating cooperation to protect global public in comes, shows a complex picture and challenging for Latin America and the Caribbean of policy cooperation schemes inherently leads to the issue of capacity building, area of opportunity for both Central America and Mexico where, in addition to showing its potential, can cope with the demands and global changes above