A look at the auto parts sector in Colombia
The auto parts sector in Colombia is a significant part of the productive chain of the nation’s automotive industry, the fourth largest in the region. It represents 6.2% of Colombia’s industrial GDP.
Free trade zones in Uruguay offer excellent investment opportunities
The Free trade zones in Uruguay (abbreviated “FTZs”) are regions of the national territory designated by the Uruguayan Ministry of Economy and Finance (MEF) for the development of specific industrial, commercial, or service activities.
Foreign direct investment in Latin America and the Caribbean reached its maximum historical value in 2022
Foreign direct investment in Latin America and the Caribbean increased by 55.2% in 2022 over its 2021 level, thus reaching its maximum historical value. This is according to a report published on July 10, 2023, by the Economic Commission for Latin America and the Caribbean (ECLAC).
What is the Pacific Alliance?
The Pacific Alliance comprises Chile, Colombia, Mexico, and Peru. It is a mechanism for economic and trade integration based on four pillars: free movement of goods, services, capital, and people.
Principal Mexican trade agreements in 2023
The Government of Mexico defines a trade agreement as “an agreement established by two or more countries under the protection of international law and to improve their relations in economic and trade terms.”
A brief history of the aerospace industry in Brazil
In recent times the Brazil’s aerospace industry has been transformed from an exclusive supplier to the private sector to greater military-related sales for the purpose of leveraging growth in international markets.
The medical device industry in Mexico in 2023: A trajectory of growth
According to the document “Knowing the medical device industry,” prepared by the National Institute of Statistics and Geography (INEGI) and the Mexican Association of Innovative Industries of Medical Devices (AMID), three economic activities have been identified in Mexico that reflect the economic behavior of the medical device industry in Mexico.
Doing business in Panama: 10 reasons to be there
Panama is widely considered a “safe haven” due to its political and socioeconomic stability. It benefits from special treaties with the United States, ensuring protection during conflict. The security of Panama is affected by its economic prosperity.
The EU-Mercosur Agreement is projected to be signed by the end of 2023
A pending issue has existed between the European Union (EU) and the Common Market of the South (Mercosur) for over 20 years.
Investing in Bolivia: The most important sectors
The most attractive economic sectors for investing in Bolivia are jewelry, agribusiness, energy, finance, manufacturing, telecommunications, transportation, and tourism. The text below contains general information on each of these sectors.
Tierra del Fuego Free Zone in Argentina to be restructured
An investigation carried out by Argentina’s Fundar study center estimated that the tax exemption regime in the Tierra del Fuego Free Zone currently has a fiscal cost of just over US $1 billion per year. This figure equals 0.22% of the country’s Gross Domestic Product (GDP).
Bogotá received 64.7% of the foreign direct investment in Colombia in 2022
In 2022, 143 projects for new and expanded foreign direct investment in Colombia were carried out in the Bogotá Region. In total, these were valued at approximately USD 1.5 billion. This economic activity generated 20,952 quality jobs.











