The region's issuers placed US$ 89 billion of bonds in international markets in 2023. This total was 40% higher than in 2022 but 35% lower than the average issuance in the three-year period from 2019 to 2021.
The document “Productive Links in North America” analyzes trade and investment between the three nations, without addressing migratory flows, although it recognizes their importance in terms of development.
A study by ECLAC also indicates that around one third of foreign direct investment in the region came from that North American country in the last decade.
Latin America and the Caribbean remains a major trading partner for the United States and one of the main destinations for foreign direct investment, ECLAC’s report says.
"President Barack Obama's visit to the region offers an unmissable opportunity to revitalize hemispheric relations", according to Alicia Bárcena, Executive Secretary of ECLAC.