Ask the Experts: Trade is Back!
Ask the Experts: Trade is Back!
How can Latin American economies better engage global trade partners as they recover from the end of the commodities boom?
Antoni Estevadeordal answers:
The June 2015 summit of the Community of Latin American and Caribbean States (CELAC) and the European Union (EU) made clear that countries on both sides of the Atlantic are thinking of ways to revamp their increasingly stagnant political and economic ties. While Latin American and Caribbean (LAC) exports to the EU nearly tripled in value from roughly $44 billion in 2003 to almost $120 billion in 2013, the region still accounts for only 11 percent of total LAC exports—a figure that has barely changed over the past decade.1...
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