A Quarter Century of Growth and Development For the past 25 years, Paraguay has maintained a robust and forward-looking maquila regime, established under Law 1064 of 1997, "On the Export Maquiladora Industry," and further regulated by Decree 9585 of 2000. This legal...

A Strategic Boost to the Automotive Sector Volvo is showing its strong long-term dedication to North America by expanding its operations in Mexico with a significant new investment. The Volvo investment in Mexico will rise from $700 million to $1 billion when it...

The foreign direct investment environment in Latin America continues to change and presents multiple complexities. Certain countries in the region show promise because of their economic potential and natural resources, together with skilled labor forces, but other...

A Global Industry Under Pressure The global automotive industry is undergoing a period of profound disruption, and the automotive sector in Argentina is no exception. From global supply chain constraints to shifting international trade policies and the rise of...

Brazil, the largest economy in Latin America, is a key destination for multinational corporations seeking to manufacture and distribute across South America and beyond. Strategic location, access to significant markets, competitive labor costs, and expansive...

Peru is positioning itself as one of Latin America's most dynamic and promising economies in 2025. With a projected GDP growth of up to 4%, the country demonstrates resilience and adaptability in the face of global economic uncertainty. This projected expansion is...

Companies continuously seek efficient, cost-effective solutions to maintain their competitive edge in a world driven by digital transformation and global competition. One such solution is business process outsourcing in Latin America, which has become increasingly...

Long-Term Business Outlook Drives Continued Interest Companies from the Netherlands continue to view Mexico as a strategic destination for international expansion. Despite ongoing global economic shifts and the uncertainty triggered by U.S. tariff policies, Dutch...

Ecuador has taken a significant step in its economic development strategy by creating two new free trade zones. These zones, located in Posorja and Pascuales within the coastal province of Guayas, represent a significant policy shift that aims to attract investment,...

In relative terms—measured by the number of factories and per capita production—the Dominican Republic's cosmetics industry stands out as the largest in Latin America and the Caribbean. This dynamic sector plays a significant role in the country's economic activity,...

In the ever-evolving economic landscape of Latin America, few countries stand out for their monetary policy as distinctly as Panama. While nations across the region struggle with inflation, exchange rate volatility, and currency devaluation, Panama has quietly emerged...

International Production Companies Choose Costa Rica for Filming In 2024, Costa Rican film investments reached an impressive milestone, surpassing $11 million in expenditures tied to the film and audiovisual content production industry. This achievement highlights the...