Nearshoring is Not Just for Mexico: Brazil, Chile, and Colombia Stand Out for Their Potential for Foreign Investment in Latin America
In recent years, nearshoring has emerged as a critical trend in global trade, driven in part by the pandemic. While much of the focus has been on Mexico due to its proximity to the United States, other Latin American countries such as Brazil, Chile, and Colombia also...
From Soft Drinks to Rums: Redefining the Beverage Industry in Central America
Central America, a region known for its unique and diverse beverage industry, has seen the rise of iconic brands. With its distinctive flavors and innovative products, this sector has won awards and the hearts and palates of discerning consumers. The region's beverage...
Recent Dominican Republic Economic Growth Has Been Historic, Says Renowned Rating Agency
The global rating agency Standard & Poor's (S&P) recently highlighted the historic Dominican Republic's economic growth, praising the nation's stability and solid macroeconomic fundamentals. These factors have allowed the country to make substantial strides in...
The Growth of the Services Sector in Uruguay Boosts the National Economy
The services sector in Uruguay has emerged as one of the country’s most important pillars. This assertion was recently underscored by Omar Paganini, Uruguay’s Foreign Minister, during his participation in the Uruguay Global Services Day event organized by Uruguay XXI, the agency responsible for promoting investments, exports, and the country’s image.
Renewable Energy in the Dominican Republic Leads the Way Toward a Sustainable Energy Future in Latin America and the Caribbean
Joel Santos Echavarría, the Minister of Energy and Mines, has declared the Dominican Republic’s dedication to promoting solar energy and transitioning to renewable energy in both the Dominican Republic and the broader Latin American and Caribbean region.
Foreign Investment in Auto Parts in Mexico Grows 15% During the First Half of 2024
Mexico’s auto parts sector has experienced significant foreign direct investment (FDI) growth during the first half of 2024. The National Auto Parts Industry (Industria Nacional de Autopartes or INA) reports that the country received $1.634 billion in foreign investment in this sector, an increase of 15.09% compared to the same period in 2023.
The Bitcoin Law in El Salvador Turns Three: An Anniversary Filled with Expectations and Uncertainty
El Salvador recently marked the third anniversary of its groundbreaking Bitcoin Law, the world’s first legislation recognizing Bitcoin, the leading cryptocurrency, as legal tender. The law’s passage on June 8, 2021, and its enactment on September 7 of the same year...
The Paraguayan Maquila Industry: A Hub for Industrial Development and Diversified Manufacturing
The Paraguayan maquila industry is a critical engine of industrial development, providing employment, generating foreign currency, and driving diversification across critical sectors. From traditional industries like auto parts, textiles, and plastics to emerging sectors like aluminum, bovine and swine casings, and electric bicycles, the Paraguayan maquila industry is propelling Paraguay into new global markets.
Colombia Positions Itself as One of the Main Destinations for Nearshoring in Latin America
According to the latest JLL Research report, "Nearshoring: Unveiling the Potential of Latin America," Colombia has established itself as one of the most promising emerging markets for relocating industrial and service operations to Latin America. This phenomenon is...
Strengthening U.S. Investment in Peruvian Mining and Foreign Trade
The United States has put forward several labor and environmental standards proposals, which they hope will benefit both the U.S. and Peru. During a recent visit to Peru, José Fernández, U.S. Under Secretary of State for Economic Growth, Energy, and the Environment,...
Google Data Center Investment in Uruguay: A Transformative Milestone in Tech and Sustainability
After the Ministry of Environment (MA) signed a resolution authorizing Google to install a data center in the Science Park in Canelones, the tech giant announced an investment of over $850 million in Uruguay to construct this center on August 29, 2024.
77% of Private Investment in Chile by 2028 Comes from Foreign Companies
According to an analysis conducted by InvestChile based on the survey by the Capital Goods Corporation (CBC) for the second quarter of this year, the $37.478 billion in foreign private investment in Chile represents a 24% increase compared to the previous quarter.











