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 Facilitation
Recommendations from the Americas Business Dialogue on tackling COVID-19
As the COVID-19 pandemic sweeps through the region, hemisphere business leaders grouped in the Americas Business Dialogue (ABD) are working in coordination to bring private sector resources and capabilities to governments to tackle the health and economic emergency. Among the responses put forth by ABD – an initiative led by the private sector and facilitated by the … [Read more...] about Recommendations from the Americas Business Dialogue on tackling COVID-19
7 key new features of the new North American Trade Agreement
The new North American free trade agreement, now titled the United States–Mexico–Canada Agreement (USMCA), is expected to enter into force in the coming months. Together, the three countries constitute the largest economic integration and trading bloc in the Western Hemisphere. The new agreement contains numerous provisions covering goods, technologies, and other advances in … [Read more...] about 7 key new features of the new North American Trade Agreement
The state of e-commerce in Latin America
Buddha, the prince who became a beggar, said that the only constant thing in life is change. Today, over 2,500 years after Buddha’s time on earth, the speed at which change is happening has never been faster. Trade in Latin America and the Caribbean is being transformed not just by the digital revolution but also by the growing risks associated with a synchronized cooling of … [Read more...] about The state of e-commerce in Latin America
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