Argentina's Ministry of Economy recently issued Resolution 1363/2024, authorizing the addition of 165 hectares from Trelew's industrial park as an annex to the Comodoro Rivadavia Free Trade Zone. This development marks a significant milestone in the province of Chubut...

The World Trade Center Free Zone Punta del Este, situated in Maldonado, Uruguay, is on track for completion by the third quarter of 2025. This landmark project represents the department's first service-oriented free trade zone, with an investment totaling...

According to the results and forecasts presented by the Bank of Guatemala (BANGUAT), Guatemala is expected to close 2024 with a foreign direct investment (FDI) inflow of USD 1.65 billion. While this is a positive indicator of the country’s economic potential,...

Walmart has revealed a substantial investment plan of $1.3 billion in Chile, marking its most significant financial commitment to the country since its arrival in 2009. This ambitious initiative aims to drive economic growth, create thousands of jobs, and expand the...

Central America is an increasingly attractive destination for manufacturing, offering a strategic location, cost-effective workforce, and diverse economic opportunities. Focusing on Costa Rica, El Salvador, Guatemala, Honduras, and Panama, this blog post examines...

Through the Ministry of Commerce, Industry, and Tourism, the Colombian government has officially announced its intention to renegotiate the bilateral investment treaty with the United Kingdom. This move aims to strike a better balance of benefits under the agreement...

Tariff Barriers Will Be Reduced, and Better Access to New Trade Destinations Will Be Achieved Costa Rica’s business sector has enthusiastically welcomed its membership in the Pacific Alliance, a bloc comprising Chile, Colombia, Mexico, and Peru. This milestone...

Although the automotive sector has not been prominently featured in President Claudia Sheinbaum Pardo's proposals, the Mexican Association of the Automotive Industry (AMIA) is urging the head of the Federal Executive Branch to prioritize the industry in light of the...

The Maquila Regime in Paraguay has emerged as a transformative program, fostering industrialization while significantly contributing to female employment. Currently, 44% of the jobs generated under this initiative are held by women, underscoring its critical role in...

Panama is facing an economic crossroads that requires immediate and structural decisions. Carlos Berguido, president of the Panama Banking Association, recently addressed key issues such as the Social Security Fund (CSS) crisis, rising public debt, and the country's...

The facility will be the first spaceport in Latin America located within an airport. With the support of the United States, this ambitious project promises to create thousands of jobs and attract technological investments to the region. The world is watching as Mexico...