By 2050, the production of food will need to grow about 70% to meet the demand of more than 9 billion people from around the world. And as one of the largest net global exporters of food, Latin America and the Caribbean (LAC) will have immense opportunities to tap this growing market. LAC is expected to average a 2.6% food and beverage industry growth from 2016-2021, ahead … [Read more...] about Innovations transforming the food and beverage industry
When the European Union (EU) and Mercosur recently announced their free trade agreement after 20 years of negotiations, we were elated. This pact cements a historic opportunity for the four Southern Cone countries to grow their economies, internationalize their companies, be more competitive, and add new jobs. The deal is one of the world’s largest, comparable in size to … [Read more...] about The European Union and Mercosur, a Historic and Promising Deal
If I told you that one of the video games your children play, one of the most acclaimed movies you've seen recently, and one of the most popular mobile digital apps in the world were created or co-created by Latin American and Caribbean (LAC) companies, would you believe it? Well, you better believe it because it is true. Globant, a software development company from … [Read more...] about How Latin American businesses can plug into the digital global economy
You are an efficient producer and want to start exporting. You have the resources and an understanding of potential markets. You also have the installed capacity, the source suppliers and have identified buyers in other countries. However, what is more likely to hurt your competitiveness is moving your goods to the customers. Armies win wars by being better at the logistics … [Read more...] about Latin America struggles with trade logistics. Here’s what we can do.
When you think of the main export destinations for Latin America and the Caribbean (LAC), the first countries that come to mind are the United States and China. However, there is a big potential for products from LAC in other parts of the world, including the Gulf countries. True, the geographic and cultural distance between these nations and LAC is considerable, but the … [Read more...] about The Gulf: A Big Opportunity for Trade