Several countries in Latin America have Free Trade Agreements (FTAs) in place with South Korea, presenting great opportunities for producers in the region. Discover which are these countries and the advantages that FTAs have to offer.
Slower economic growth and tumbling commodity prices in the region have created a complex scenario that highlights the value of implementing an export strategy. The European Union is a case that we can learn from.
U.S. policies to support small businesses in Latin America will help consolidate the country’s ties to the region. An interview with José Fernández, U.S. assistant secretary of state for economic and business affairs.
The 1947 General Agreement on Tariffs and Trade (GATT) and the 1995 agreements of the World Trade Organization (WTO) have defined the international trade systems currently in force. These treaties implemented a complex system of tariff preferences for products from certain countries that exporting SMEs in Latin America and the Caribbean could benefit from.
The Harmonized System product nomenclature is an international catalog that assigns a six-digit code to each commodity group. Countries have the authority of adding more digits to specify the product even further.
By Fabrizio Opertti, IDB Chief of Commerce and Investment.
The Inter-American Development Bank (IDB), through @BIDComercio, has prepared this special document about “How to promote the internationalization of SMEs in Latin America and the Caribbean".
China will be one of the destinations with which exchange of merchandise will grow the most, with its participation in trade with LAC increasing from 1.5% in 1990 to 17% in 2025.
Follow Us