EU, Mercosur Negotiations to Resume, Officials Suggest Deal Possible Soon

May 9, 2018

Negotiators from the EU and South American customs bloc Mercosur are reportedly due to reconvene this month, as officials push for an agreement in principle that would help wrap up the nearly two-d... READ MORE


Latin American Countries in the WTO Dispute Settlement System

December 6, 2017

Two out of eleven WTO Ministerial Conferences have taken place (or wil do so) in a country of Latin America (Mexico and Argentina). In this scenario, we consider that a quick overview of the partic... READ MORE


Trade and Integration Monitor 2017: Beyond the Recovery, Competing for Market Share in the Digital Era

November 15, 2017

The value of exports from Latin America and the Caribbean (LAC) started to recover in 2016, and increased a notable 13.2% year-on-year in the first half of 2017. The regional recovery, however, was... READ MORE


How can we make digital trade more inclusive?

June 12, 2017

The rapid growth of the internet and other information and communication technologies (ICTs) is changing the way we do business, consume, produce and interact with one another. ICTs are reducing tr... READ MORE


ASEAN, Pacific Alliance to strengthen cooperation

May 3, 2017

ASEAN and the Pacific Alliance renewed their commitment to strengthen cooperation between the two regional organisations during the third Meeting of the Committee of Permanent Representatives to ASEAN... READ MORE


Macri confident a Mercosur/European Union trade accord can be expected in the second half of 2017

April 19, 2017

Argentine president Mauricio Macri is convinced that in the second half of the year Mercosur will sign the long awaited trade agreement with the European Union and will establish closer links with the... READ MORE


Accord Between Mercosur and Pacific Alliance is Closer

April 13, 2017

The government of Brazil announced on Friday that Mercosur trade partners (Brazil, Argentina, Uruguay and Paraguay) were closer to reaching an agreement with the Pacific Alliance bloc, expanding trade... READ MORE


Mercosur, Pacific Alliance Members Push for Deeper Economic Ties

April 13, 2017

On Friday 7 April, ministers from Mercosur and the Pacific Alliance convened in Buenos Aires for talks on developing closer ties between the two regional mechanisms, representing the second ministe... READ MORE


2017 Latin American and Caribbean Macroeconomic Report: Routes to Growth in a New Trade World

April 4, 2017

The 2017 Macroreport considers recent developments in the global economy and how they may affect Latin America and the Caribbean. It reviews how countries are adapting to external conditions and ho... READ MORE


EU, Mercosur Negotiators Report Progress, Schedule Future Meetings

March 30, 2017

Negotiators meeting to advance a planned EU-Mercosur Association Agreement, including a free trade deal, finished their 27th round of talks last Friday in Buenos Aires, Argentina. In a joint commun... READ MORE


As Western economies look inward, what’s the future for Latin American trade?

March 28, 2017

Latin America’s economic downturn seems finally to have bottomed out. Positive, if modest, growth is forecast for this year. But as the region recovers from the end of the commodity super cyc... READ MORE


Economic Integration Efforts Press Onward in Asia-Pacific Region

March 16, 2017

The past week has seen a series of regional integration efforts continue among Asia-Pacific economies, including a two-day summit among the signatories of the Trans-Pacific Partnership (TPP) and se... READ MORE


Better Neighbors : Toward a Renewal of Economic Integration in Latin America

March 14, 2017

This book proposes a renewal of 'Open Regionalism' in Latin America and the Caribbean (LAC) aimed at achieving the region's goals of high growth with stability. The LAC region experienc... READ MORE


Latin, Asian nations pursue free trade without U.S.

March 13, 2017

With the U.S. signaling a turn toward protectionism, nations that have benefited from global commerce, from Australia to Japan to Peru, are trying to pick up the free-trade mantle. READ MORE


A closer look at trade costs in the Americas

March 6, 2017

Across Latin America and the Caribbean (LAC), governments are asking how they can spur growth in a challenging and uncertain global context. The region can ill afford to leave trade barriers unchec... READ MORE


Trump may be boon to Pacific Alliance

February 10, 2017

Now that U.S. President Donald Trump has decided to trash the Trans-Pacific Partnership, the four-nation Pacific Alliance is courting TPP as well as non-TPP countries -- including China. READ MORE


EU, Latin American Countries Move to Deepen Trade Ties

February 9, 2017

Efforts on behalf of the EU and Mexico to modernise a sixteen-year old free trade agreement have been ramped up, following a phone call between EU Trade Commissioner Cecilia Malmström and Mexican E... READ MORE


Brazil, Argentina Push for Closer Trade with Mexico in Trump Era

February 7, 2017

The leaders of Brazil and Argentina said on Tuesday they would pursue closer ties with Mexico and other Latin American nations alarmed by U.S. President Donald Trump's promises to tear apart trade dea... READ MORE


Trump Tough Talk Pushes Argentina, Brazil to Embrace Trade

February 7, 2017

Two of South America’s most pro-market presidents are struggling to shake off the protectionist policies of the past when it comes to international trade. Tuesday’s state visit by Argentine President... READ MORE


Macri and Bachelet agree on a Mercosur-Pacific Alliance meeting in first half of 2017

December 20, 2016

Argentina and Chile agreed to organize a major Mercosur, Pacific Alliance trade blocks' meeting during the first half of 2017. Last Friday Chilean president Michelle Bachelet and her cabinet were in B... READ MORE


Out of the Border Labyrinth

December 13, 2016

Out of the Border Labyrinth: An Assessment of Trade Facilitation Initiatives in Latin America and the Caribbean sheds entirely new light on the trade effects of trade facilitation measures... READ MORE


Trade and Integration Monitor 2016: Downshifting: Latin America and the Caribbean in the New Normal of Global Trade

November 17, 2016

The Trade and Integration Monitor 2016 analyzes the different aspects of a downshifting in world trade and its effects on Latin America and the Caribbean (LAC). This is the most recent edition of a... READ MORE


The Importance of Inclusive Trade in Economic Development

September 28, 2016

This past two weeks, leaders from around the world gathered in New York to attend the United Nation’s General Assembly. One of the topics of discussion was the READ MORE


How can we understand the complexity of trade data?

September 8, 2016

These days, the amount of data available about anything, anywhere, is growing much faster than our ability to process and really understand it. This is true in many fields, but especially in matter... READ MORE


Macri after full integration of Mercosur with the Pacific Alliance

August 18, 2016

Latin America needs greater economic integration and a merger of Mercosur and the Pacific Alliance should be the objective, according to Argentine president Mauricio Macri, who insists in loosening tr... READ MORE


Obama Still Has a Shot at Passing the TPP

August 17, 2016

Given that the two contenders for the U.S. presidency are strongly against free trade agreements, you would think that they are reflecting the views of the American people. They are not. READ MORE


Argentina and Mexico pledge to reach “absolute integration and free trade”

August 1, 2016

Argentina and Mexico agree on the need to reach absolute integration and free trade, as part of the closer bilateral relations confirmed with the visit to Buenos Aires of Mexican head of state Enrique... READ MORE


Argentina Welcomed as Pacific Alliance Observer

June 16, 2016

Argentina is now an official observer to the Pacific Alliance, the South American bloc that includes Chile, Colombia, Mexico, and Peru as full members. As a result of the 9 June move, which wi... READ MORE


Mercosur’s missed boat

May 14, 2016

At a meeting in Brussels this week, officials from the European Union (EU) and Mercosur exchanged offers to cut tariffs and expand market access for each others’ goods and services. This is their seco... READ MORE


Mexico Banking on New Market Access Through TPP to Grow Its Economy

May 12, 2016

Mexican Trade Minister Herminio Blanco told a gathering of Mexican and Japanese business leaders earlier this month that “Mexico will become more competitive when the TPP [Trans-Pacific Partnership] t... READ MORE


Vietnam calls for more ASEAN-Pacific Alliance exchange activities

May 12, 2016

Ambassador Nguyen Hoanh Nam, head of the Vietnamese delegation to ASEAN made the propose at a meeting between the ASEAN’s Committee of Permanent Representative (CPR) and the PA’s Group of External Rel... READ MORE


Towards a New Trans-American Partnership

April 1, 2016

The global trade regime is undergoing fundamental changes. While World Trade Organization (WTO) member countries continue to work towards an ever elusive agreement, regional initiatives—most... READ MORE


Amb: Peru-Korea FTA ‘successful’

March 30, 2016

Free Trade Agreements (FTAs) signed by South Korea with Peru and Chile were successful and boosted bilateral trade between parties, Korean Ambassador to Peru Keun Ho Jang said. During the internationa... READ MORE


Malcorra reveals free-trade deal talks

March 15, 2016

Foreign Minister Susana Malcorra has revealed the Mercosur regional trade bloc is discussing the possibility of signing a free-trade agreement with the United States, barely a week before US President... READ MORE


What the TPP means for Latin America and the Caribbean

March 9, 2016

On February 4, 2016, after five years of negotiations, the members of the Trans-Pacific Partnership Agreement (TPP) signed the trade pact, considered to be the highest standard trade agreement to d... READ MORE


Peru FM to attend Pacific Alliance meeting in Mexico

March 5, 2016

The Executive Branch authorized the trip of Peru’s Foreign Affairs Minister Ana Maria Sanchez to Mexico City for the Pacific Alliance meetings on 16-18 March, according to a supreme resolution publish... READ MORE


Pacific Alliance technical groups convene in Colombia

March 2, 2016

The first session of the 23rd round of meetings of technical groups of the Pacific Alliance started on Tuesday featuring government officials of Chile, Colombia, Mexico and Peru gathered in Bogota. Th... READ MORE


Uruguay prepared to lead Mercosur/EU trade negotiations during the whole year

February 29, 2016

Uruguay which currently holds the Mercosur chair is enthusiastic about advancing the agreement since there is now a clear determination from the four members (Argentina, Brazil, Paraguay and Uruguay)... READ MORE


Mercosur makes EU free trade offer before French visit

February 22, 2016

South American bloc Mercosur is offering to open up 93 percent of its trade to competition from the European Union to seal a long-sought free-trade deal, Uruguay's president said Monday. Permanent mem... READ MORE


Pacific Alliance to grow 3.1% and 4.5% in 2017-18

February 13, 2016

The economic bloc comprising Chile, Colombia, Mexico and Peru or Pacific Alliance is expected to grow 3.1% and 4.5% in 2017 and 2018, respectively, while imports are set to expand 5.9% and 6.1% in eac... READ MORE


After signing, Peru looks to ratify Trans-Pacific Partnership

February 4, 2016

Peru and 11 other countries including the United States formally signed the Trans-Pacific Partnership agreement in New Zealand on Thursday. With 12 member countries whose population of 800 million mak... READ MORE


Canada opens its market to Argentine boneless fresh and frozen beef after 13 years

January 13, 2016

Canada finally made official the opening of its market to Argentine boneless beef, both fresh and frozen. This happens after thirteen years of negotiations, according to an end of the year release fro... READ MORE


Chile calls for a South American convergence; pledges to bring together Mercosur and Pacific Alliance

December 22, 2015

Chilean president Michelle Bachelet called for “a convergence among governments” of South America despite the “political and ideological differences”, and anticipated that C... READ MORE


Mercosur summit agenda includes trade, energy, human rights; Venezuela's Maduro absent

December 21, 2015

Paraguay foreign minister Eladio Loizaga advanced some of the issues that will addressed on Monday's Mercosur presidential summit, when all of the members of the group's heads of state have confirmed... READ MORE


IDB urges region to step up trade as exports decline

December 14, 2015

Exports from Latin America and the Caribbean will drop about 14 per cent in 2015 due to a steep decline in prices and weak demand for the region’s main exports from key trading partners, according to... READ MORE


Trade between Korea, Latin America Showing Annual 17% Growth on Average

December 7, 2015

It has been found that the volume of trade between Korea and Latin America has grown at an annual average of 17 percent since 1990 with Korea purchasing a variety of products from the continent. Accor... READ MORE


IDB lends US$25mn for trade faciliation

November 25, 2015

The Inter-American Development Bank (IDB) has approved a US$25 million loan to T&T to this country improve its trade facilitation processes, part of an effort to boost and diversify the economy. The l... READ MORE


Pacific Alliance Moving Towards Its Consolidation

July 1, 2015

This piece provides an update on the latest Presidential Summit of the Pacific Alliance and the commitments made by member Presidents to deepen integration and improve cooperation.



Will the TPP Help Latin America?

May 1, 2015

With the International Monetary Fund having just cut its forecasts for economic growth in Latin America for the fifth year in a row, the region’s countries are casting about for ways to reignite inves... READ MORE


The Curious Case of Brazil's Closedness to Trade

April 1, 2015

Although Brazil has become one of the largest economies in the world, it remains among the most closed economies as measured by the share of exports and imports in gross domestic product. This feat... READ MORE


Korea and Latin America and the Caribbean: Striving for a Diverse and Dynamic Relationship

March 1, 2015

For Latin America and the Caribbean (LAC), Asia has gone from an afterthought to a centerpiece of economic relations over the last decade. Seemingly out of nowhere, fast-growing Asian economies bec... READ MORE


Trans-Pacific Partnership versus Regional Comprehensive Economic Partnership

December 1, 2014

This paper argues that the formation of regional integration frameworks can be best understood as a dominant state’s attempt to create a preferred regional framework in which it an exercise e... READ MORE


TTIP, the multilateral trading system and Latin American countries

May 1, 2014

Mega-regional negotiations will underwrite global governance on 21st-century trade issues and facilitate the proliferation of global and regional value chains. This column writes that Latin America... READ MORE


Going Global: Promoting the Internationalization of SMEs in Latin America and the Caribbean

March 1, 2014

This report offers practical recommendations for policymakers, companies, and practitioners on how to reduce each one of these barriers. It also presents three areas that can be leveraged to intern... READ MORE


Synchronized Factories: Latin America and the Caribbean in the Era of Global Value Chains

January 1, 2014

The internationalization of production processes – the so-called global value chain (GVC) revolution – has opened a new pathway to industrial development. Nations initially join GVCs to... READ MORE


Mapping Crisis-Era Protectionism in Latin America and the Caribbean

October 1, 2013

The resort to discrimination in the Latin American and Caribbean (LAC) region against foreign commercial interests is documented in this paper and compared to aggregate statistics for worldwide pol... READ MORE


Too Far to Export

October 1, 2013

This study assesses the role of domestic transport costs ("factory-to-port") in shaping the level and diversification of countries' overall and subnational exports. The subnational di... READ MORE


The Pacific Alliance: An Example of Lessons Learned

July 1, 2013

With many economies in the industrialized world struggling since the 2008-09 global recession, many countries in the European Union continue to post negative growth rates, while U.S. growth remains... READ MORE


Latin America "Pivots" to Asia

March 1, 2013

Although the TPP negotiations have received considerable attention, much of it has been focused on the participation of the United States and the interest of the Asian “giants,” particu... READ MORE


Regional Integration in the Americas: State of Play, Lessons, and Ways Forward

April 1, 2011

Examination of the extent of liberalization in regional trade agreements (RTAs) in the Americas in comparison with other regions of the world, to discuss the potential future of integration in the... READ MORE


Unclogging the Arteries: The Impact of Transport Costs on Latin American and Caribbean Trade

January 1, 2008

The book explores the impact of transport costs on trade in Latin America and the Caribbean, and argues that transport costs have assumed an unprecedented strategic importance to the region. The re... READ MORE


Regional Public Goods: From Theory to Practice

January 1, 2003

This book is based on a conference entitled "Regional Public Goods and Regional Development Assistance", held in Washington, D.C. on November 6-7, 2002. It examines how the IDB and the AD... READ MORE


Beyond Borders: The New Regionalism in Latin America

October 1, 2002

Regional integration initiatives have long been part of the world economic landscape. In Latin America, integration flourished in the early post-war era but then lost momentum until the 1990s, when... READ MORE