The Andean region is at a turning point, trying to get back on the path to sustainable growth after the economic slowdown that began in 2014 and the recent crisis triggered by the COVID-19 pandemic. In addition to these challenges, the region must adapt to the digital transformation, global geopolitical tensions, and climate change. These circumstances underscore the importance … [Read more...] about Sustainable Supply Chains in the Andean Region: Opportunities and Challenges
Trade & Investment Agreements
From Ports to Innovation Ecosystems: A Critical Transformation
Ports in Latin America still largely follow the typical industrial model, functioning as maritime terminals in the sea-land interface and with a greater focus on managing concessions and their own infrastructure. Some of the more modern ports also act as transportation and distribution centers. Today, for ports to play a truly instrumental role in integration and trade, they … [Read more...] about From Ports to Innovation Ecosystems: A Critical Transformation
Korea and Latin America and the Caribbean: Partners for Sustainable Trade and Investment
Trade and investment relations between Korea and Latin America and the Caribbean (LAC) have come a long way. As the two economies embraced trade liberalization in the early 1990s, their bilateral trade grew at an impressive annual rate of 11.5%—reaching a record high of US$57 billion in 2021. The trade boom came along with US$26 billion in investments by Korean firms in the … [Read more...] about Korea and Latin America and the Caribbean: Partners for Sustainable Trade and Investment
Strategies and mechanisms to promote the convergence of trade agreements in Latin America
It is high time that trade integration processes in Latin America achieve convergence between the region’s many bilateral agreements in order to extend the benefits that these bring while extending the originating status of a given good so that it can circulate freely. … [Read more...] about Strategies and mechanisms to promote the convergence of trade agreements in Latin America
Latin American integration: an insurance policy against uncertainty on global market access
Over the last 30 years, in Latin America and the Caribbean (LAC), preferential trade agreements (PTAs) were the instrument of choice for moving toward more integrated markets. Although PTAs were successful in helping countries to move beyond the limitations of earlier, more inward-looking integration initiatives, their proliferation led to a regulatory architecture that has not … [Read more...] about Latin American integration: an insurance policy against uncertainty on global market access