Canada-EU Trade: Free Trade Fever Up North
Just recently, Canadian Prime Minister Stephen Harper came to Montreal’s Board of Trade to laud the benefits of the Canada-Europe Trade Agreement (CETA). Choosing Montreal was a recognition of the support provided by the city’s business leaders and the Québec government for the free trade accord. Sitting at the head table was a former Conservative … Read more
U.S.-Mexico Border Means Opportunity, Not Just Drugs and Thugs
The U.S. House Foreign Affairs Western Hemisphere Subcommittee chose the fitting location of Tucson, Arizona, to convene a field hearing on trade facilitation in the border region on December 9. Dotted with cacti, this college town lies at the heart of the desert landscape that belonged to Mexico until the Gadsden Purchase of 1853. Today, … Read more
Policy Updates
A snapshot of policy trends and successes in the region.
Panama, Colombia To Sign Trade Agreement
Panama and Colombia are expected to sign a bilateral free trade agreement in Panama City today, finalizing a commitment that was reached by the two countries last June. Panamanian Minister of Commerce and Industry Ricardo Quijano and Colombian Minister of Commerce, Industry and Tourism Sergio Díaz-Granados will participate in the official treaty-signing ceremony. During a … Read more
Colombian Protests Block Traffic to Ecuador and Venezuela
On Wednesday, and continuing into Thursday, protestors across Colombia blocked traffic in 16 departments as part of a national protest that began earlier in the week. Tensions were triggered by the new Colombia–EU free-trade agreement (FTA), which went into force on August 1. On Tuesday, truck drivers, union leaders, health employees, and students joined the … Read more
E-Commerce: Easing Cross-Border E-Commerce
The age of digital commerce is dawning in Latin America, with cross-border marketers looking to the 2014 World Cup and 2016 Olympics in Brazil as opportunities to connect with online shoppers. Will the region capitalize on its e-commerce potential? The cross-border e-commerce math is simple. More online traffic means more sales opportunities, especially for digitally … Read more
Presidents Obama and Piñera Renew Push for Trans-Pacific Partnership
Yesterday U.S. President Barack Obama and his Chilean counterpart, Sebastian Piñera, met at the White House to discuss economic development, trade and their commitment to the proposed Trans-Pacific Partnership (TPP)—a free trade agreement being negotiated among 11 Pacific Rim countries. This was President Piñera’s first official visit to the White House. Both heads of state … Read more
Biden in Brazil: Let’s Do Business
After a busy two days in Rio de Janeiro, U.S. Vice President Joe Biden departed yesterday afternoon for Brasília, where he meets today with Brazilian President Dilma Rousseff and Vice President Michel Temer. While Biden’s visit partly touched on issues of public security—he toured the Santa Marta favela, the first community in Rio to have … Read more
Latin American Leaders Arrive for Pacific Alliance Summit
The presidents of Chile, Colombia, Mexico, and Peru—which together represent 36 percent of Latin America’s GDP—begin arriving in Cali, Colombia, today for the seventh Pacific Alliance Summit. Spanish President Mariano Rajoy, Canadian Prime Minister Stephen Harper, Guatemalan President Otto Pérez Molina, Costa Rican President Laura Chinchilla, Panamanian President Ricardo Martinelli, and representatives from Australia, Japan, … Read more
Obama and Peña Nieto Focus on the Economy Over Immigration and Security
Building up to their meeting in Mexico City on May 2, the administrations of both U.S. President Barack Obama and Mexican President Enrique Peña Nieto hinted that economic ties would be the focal point of their one-on-one meeting. In an interview with Americas Quarterly prior to the trip, Obama reiterated this, saying that he would … Read more
The Next Big Thing? The Trans-Pacific Partnership & Latin America
The hottest topic in world trade these days is the Trans-Pacific Partnership (TPP). Hailed as a state-of-the-art free trade agreement (FTA), it will unite 11 countries—Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam—with a combined GDP of almost $21 trillion (about 30 percent of world GDP) and $4.4 … Read more
Latin America Goes Global
On January 26 and 27, representatives from 61 nations, including 43 heads of state, gathered in Santiago, Chile for the 7th bi-regional summit of EU-LAC Heads of State and Government. It was one of the largest summits ever held in South America, and the first time that the Community of Latin American and Caribbean States … Read more
Brazil’s Relationship with Africa: Too Much to Handle?
Many people are discussing Brazil’s role in Africa’s development and the deepening of their bilateral commercial and political relationships over the past decade. For Brazil, Africa is seen as one of the best growth opportunities and a new frontier for investments. Many of Brazil’s largest infrastructure companies are currently operating in Africa and looking to expand … Read more
Mexico: Latin America’s rising star
There is a rising star in Latin America. And it is not the a member of the BRICs, but Mexico. Mexico has received consisten attention regarding its security challenges, but things have started to change over the past few months. In August, Nomura published a report that forecast Mexico would become Latin America’s number-one economy … Read more
Monday Memo: Chávez Names Maduro – Regional Elections in Venezuela – Puerto Rico Discusses Next Steps for Statehood – Arab-Latin American Forum – and more
Top stories this week are likely to include: Chávez designates successor as he heads to Havana; Puerto Rico convenes legislature for statehood; Arab-Latin American Forum in Abu Dhabi; and impact of recent energy takeover deals in Canada. Developments in Venezuela: This is the final week of campaigning in Venezuela’s regional elections, and the electorate will … Read more
