We are living in a change of era, not an era of change. The current crisis poses challenges but is also an opportunity for Europe and Latin America. And it seems clear the way out of the crisis and the answers to old challenges and new social risks have to come from the politics. It is, therefore, fundamental to strengthen political dialogue between the EU and Latin America. This does not only mean providing more forums for political discussion but rather dealing with such dialogue on a more equitable basis, through a bi-directional approach centring not only on the problems of Latin America but also on those of the EU. In this respect we would hope for a renewed interest in the situation of the EU on the part of Latin America.