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Eradicating poverty "is a moral imperative, not just for Latin America, but for humanity as a whole," Ecuadorian President Rafael Correa said in Brussels, Wednesday, stressing that the creation of productive, stable jobs is the best method of combating poverty. Speaking at the EU-CELAC Business Summit, Correa said that "poverty is not the result of a lack of resources, rather it is the result of injustice and exclusion", adding that Latin America has not been able to do away with poverty "because of the concentration of those resources and of wealth". The EU-CELAC Business Summit is aimed at enhancing investment and business cooperation between the EU and the Community of Latin American and Caribbean States. This year's gathering runs under the slogan 'Europe, Latin America and the Caribbean: Promoting inclusive and sustainable growth by enhancing the role of Small and Medium Sized Enterprises.'
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