The annual meeting of the IDB’s Board of Governors is the ideal time to reflect on the strategic challenges facing Latin America and the Caribbean (LAC) and the agenda for addressing them. President Ilan Goldfajn opened this year’s meeting by highlighting that LAC may be at a turning point: “There is a great opportunity for the region to become part of the solution to shared … [Read more...] about The Potential of Intraregional Trade for Improving Food Security in Latin America and the Caribbean
Trade Promotion
Caribbean innovation shines through as knowledge-based services expand
Looking back at 2023, a year in which trade in goods faced considerable headwinds in Latin America and the Caribbean, knowledge-based services stood out for their sustained growth. The high quality of this surge is borne out by practices that promote efficiency, sustainability, optimization, and productivity, all of which significantly help bolster people’s quality of … [Read more...] about Caribbean innovation shines through as knowledge-based services expand
Trade to feed the world: A strategic agenda for Latin America and the Caribbean
Latin America and the Caribbean (LAC) has a unique opportunity to meet the expected growth in global demand for agrifood products. The region accounts for 14% of global food production and 45% of net international trade in agrifood products.[1] The importance of these products to LAC’s economies is undeniable: agrifood systems account for between 9% and 35% of the region’s GDP … [Read more...] about Trade to feed the world: A strategic agenda for Latin America and the Caribbean
Amazonian biobusiness: a major opportunity for Peru
Brazil nuts, which are native to the Amazon basin, are becoming well-known around the world for their high nutrient content and health benefits. They help regulate the thyroid gland, strengthen the heart and brain function, and support the immune system. However, even in consumer countries that already appreciate the benefits of Brazil nuts, like the Republic of Korea … [Read more...] about Amazonian biobusiness: a major opportunity for Peru
Exporting Amazonian Copoazú: A Journey to International Markets
This story begins sometime in January 2024. A Boeing 737-300F from the city of Leticia, deep in the Colombian Amazon, lands on runway 13 left at El Dorado International Airport in Bogotá. The plane taxies up to the cargo terminal, and pallets of refrigerated crates that look as if they’re holding fragile handicrafts are moved quickly to the belly of a colossal jet operated by … [Read more...] about Exporting Amazonian Copoazú: A Journey to International Markets