Customs authorities in Latin America and the Caribbean (LAC) can leverage new technologies and innovations to boost their digital transformation and streamline foreign trade logistics. This, in turn, can help improve competitiveness and bolster the countries´ economic growth. The pandemic highlighted the importance of trade and … [Read more...] about The pandemic as an opportunity for digital transformation in customs
Nicaragua
COVID-19: How risk management can improve trade operations
The COVID-19 crisis is fueling change in trade at a blistering pace. An example where this acceleration is proving positive is the catalyzing of digital transformation in countries and industries that have been late adopters. The circumstances of the crisis have led businesses and governments to adapt their products and … [Read more...] about COVID-19: How risk management can improve trade operations
Trade Liberalization and Diversification, key for Central America
During the 1960s, the countries of Latin America and the Caribbean opted for an economic development strategy based on trade protection. At its core, import substitution sought to protect local industries from foreign competition. Although the region’s economies grew significantly, this growth laid the foundations for the 1980 debt crisis, which was compounded by a series of … [Read more...] about Trade Liberalization and Diversification, key for Central America
Cybersecurity: How to protect trade platforms
Every time we use our phones, tablets, or computers, we leave a "fingerprint" whose information can be manipulated by cybercriminals. We’re all at risk from cyberattacks, just like the rest of the two-thirds of the world's population that use mobile devices. Hackers are all around us. Ecuador reported 40 million online attacks following the arrest of WikiLeaks founder Julian … [Read more...] about Cybersecurity: How to protect trade platforms