What are Latin America’s aspirations for reform of the global trade system, and what role can it play?

Moderator:

Rem Korteweg, Senior Research Fellow, Clingendael Institute

Panellists:

Shannon K. O'Neil, Vice President, Deputy Director of Studies, and Nelson and David Rockefeller Senior Fellow for Latin America Studies at the Council on Foreign Relations

Alvaro Santos, Professor of Law and Faculty Director of the Center for the Advancement of the Rule of Law in the Americas, Georgetown Law

Steve Liston, Senior Director, Council of the Americas

This podcast episode was recorded on September 10, 2021

The AIG Global Trade Series 2021 examines the ongoing transformation of the world’s multilateral trading system.

What is the role of Latin America in the global trade system? Regional and plurilateral trade agreements are transforming trade across the Americas – from CPTPP to USMCA. In tandem, post-covid supply chain ‘nearshoring’ opportunities, and US concerns about national security, could make Latin America a far more attractive investment opportunity for international business.

However, LATAM countries increasingly find themselves caught in the midst of a US-China tussle for influence. What will this mean for regional trade and investment?

In this podcast, moderator Rem Korteweg of the Clingendael Institute is joined by Shannon K. O'Neil, Vice President, Deputy Director of Studies, and Nelson and David Rockefeller Senior Fellow for Latin America Studies at the Council on Foreign Relations; Alvaro Santos, Professor of Law and Faculty Director of the Center for the Advancement of the Rule of Law in the Americas, Georgetown Law; and Steve Liston, Senior Director, Council of the Americas. Listen as they discuss the trade challenges and opportunities for the Americas in the short, medium, and long term.

Will environmental concerns bring down the EU-Mercosur Trade Agreement? What will a changing US industrial policy mean for Latin America? And how can LATAM leaders seek to capitalize on advantages that may come from intensifying competition between China and the US?

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