Integration into the world economy
Integration into the world economy
Integration into the world economy is vital for the economic development and stability for every country in the world. By being properly integrated with the world economy, the Latin America and Caribbean countries would have the access to a larger consumer base, influx of new cutting-edge technologies, and various sources of funding and financing. In addition, economic integration will lower the costs of goods and services while also increase the purchasing power for the member countries. Thus, the International Trade and Integration division of ECLAC continuously promotes and supports the integration effort of Latin America and Caribbean countries into the world economy via mediation of inter-regional trade meetings and discussions.
Activities:



Workshop on Trade Policy and Trade Indicators
Based on the ECLAC Division of International Trade and Integration's "Manual on Foreign Trade and Trade Policy: Basics, Classifications and Indicators of Trade Patterns and Trade Dynamics"
News:
Visit of Dr. Kao Kim Hourn, Secretary-General of the Association of Southeast Asian Nations (ASEAN)
Remarks by José Manuel Salazar-Xirinachs, Executive Secretary of ECLAC.

Countries that Make Up the Regional Platform for Tax Cooperation in Latin America and the Caribbean Issue Joint Statement in Support of Brazil’s G20 Presidency
A meeting of PTLAC’s Council of Treasury, Economy and Finance Ministers took place at ECLAC’s headquarters in Santiago, Chile.

Productive Development Policies are Key to a Better Production and Work Future and to Fostering Economies’ Global Integration
ECLAC’s Executive Secretary, José Manuel Salazar-Xirinachs, participated in the “Dialogues on Uruguay’s Future,” where he stressed the need to escalate productive development policies and focus efforts on dynamic sectors to increase growth in the region’s countries and make it more sustainable and inclusive.

New Investment Agenda Needed in Latin America and the Caribbean to Boost Growth, Job Creation and Sustainable Development
ECLAC, OECD, CAF – Development Bank of Latin America and the Caribbean, and the European Commission presented a new edition of their traditional annual report “Latin American Economic Outlook 2023: Investing in Sustainable Development”.