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How the Pacific Alliance linked up its single windows for foreign trade

August 2, 2019 by Isabel Mejia Rivas | Mónica Maday | Leave a Comment

How the Pacific Alliance linked up its single windows for foreign trade

One of the goals of the Pacific Alliance (PA), the economic bloc made up of Chile, Colombia, Mexico, and Peru, is achieving an area of deep integration where goods and services are traded tariff-free without facing other barriers to trade. To this end, in addition to eliminating tariffs, now covering more than 98% products on average, the PA has implemented innovative trade … [Read more...] about How the Pacific Alliance linked up its single windows for foreign trade

Making trade more efficient with blockchain

July 2, 2019 by Alejandra Radl | Jesse Lin | Leave a Comment

Making trade more efficient with blockchain

International trade is of critical importance for economic and social development worldwide. A major cost of global trade is the regulatory requirement of submitting large volumes of information to governmental authorities to comply with import, export, and transit-related documents and certificates. Trade Single Windows are flagship initiatives that reduce these … [Read more...] about Making trade more efficient with blockchain

What global ports did to become more efficient

June 11, 2019 by Krista Lucenti | Jonas Mendes Constante | Leave a Comment

What global ports did to become more efficient

Could sea, air and land ports in Latin America and the Caribbean become more efficient and take advantage of new technological tools to compete in global trade? The quick answer is a resounding yes. Only a handful of countries in LAC – Chile, Jamaica, Panama, and Brazil, for example – have, or are implementing, advanced, digitally-connected port systems, in contrast with … [Read more...] about What global ports did to become more efficient

Exports, the Productivity Engine the Andean Region Needs

May 24, 2019 by Marta Ruiz-Arranz | Leave a Comment

Exports, the Productivity Engine the Andean Region Needs

In recent decades, productivity levels have been low in the Andean economies (Colombia, Venezuela, Ecuador, Peru, and Bolivia). One explanation for this is the limited development of the region’s export sector. International trade accounts for just over 20% of the region’s GDP, far less than Asia, Europe, the rest of Latin America and the Caribbean (LAC), and even … [Read more...] about Exports, the Productivity Engine the Andean Region Needs

Cybersecurity: How to protect trade platforms

May 9, 2019 by Margarita Libby | Leave a Comment

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

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