This afternoon, Brazil’s Ministry of Industry, Foreign Trade and Services and Argentina’s Ministry of Production announced a technical cooperation with the Inter-American Development Bank. The goal is to intensify areas for dialogue between Brazilian and Argentinian governments and private sectors to effectively implement measures to facilitate bilateral trade. The IDB will … [Read more...] about Are we entering a new era of trade facilitation cooperation in Latin America?
Regional Integration
Five Findings About the Impact of the Depreciations on Latin American Exports
The exchange rates in most countries in Latin America underwent marked depreciations during the last two years of downturn in global trade. Real depreciations are generally expected to stimulate growth in exports, as when currencies depreciate, domestic goods become cheaper and more competitive abroad. … [Read more...] about Five Findings About the Impact of the Depreciations on Latin American Exports
The Integration Waze: the partnership between INTAL and Latinobarómetro and the region’s demand for integration
The popular smartphone app Waze tells you the quickest, least congested route for getting wherever it is you want to go. Few roads have been as winding as Latin America’s path to integration, which has involved progress and setbacks, bogus shortcuts, and even the occasional roadblock and picket line. So how can we work out the best route to integration? The secret of Waze’s … [Read more...] about The Integration Waze: the partnership between INTAL and Latinobarómetro and the region’s demand for integration
The Stabilization of Prices Favored Regional Exports in 2016
According to Trade Trend Estimates: Latin America and the Caribbean, in 2016, exports from Latin America and the Caribbean have shrunk by an estimated 6%, which points to a tempering of the severe 15% contraction of 2015. Almost every country in the region saw a slowing in the pace of the contraction of foreign sales (Figure 1). Remarkably, starting from August 2016, the region … [Read more...] about The Stabilization of Prices Favored Regional Exports in 2016
5 things you need to know about inclusive rules of origin and why it will affect trade
Two weeks ago, the IDB’s Integration and Trade Sector (INT) and the International Centre for Trade and Sustainable Development (ICTSD) hosted a Dialogue on inclusive Rules of Origin (RoO) as part of the RTA Exchange project. Rules of origin tell us where a product comes from and how that product should be treated in a particular market. The “rules” are the specific provisions … [Read more...] about 5 things you need to know about inclusive rules of origin and why it will affect trade