Latin America has a unique opportunity re-emerge in the global geopolitical scenario in 2023, en the midst of the reconfiguration of investments in the West, the result of the war in Ukraine and nearshoring, which is moving away from Asia.
(Read: 2023, the year in which A. Latina will be a ‘weight player’ in the world).
Now, under the umbrella of these scenarios, the region appears as a major player in recent research investments in renewable energy, food and water, electrification, among others.
This is stated in the report on the prospects for the region presented by the British forum Canning House, for which the same The UK has an unbeatable opportunity to renew its trade relationship with Latin Americaat the same time as its other European partners such as France or Spain could have it.
(Also: The impact that Lula Da Silva’s economic policies would have).
“There is an opportunity for both the US and the UK to improve relations (trade and diplomacy), given China’s growing influence over the past two decades. There is no doubt that the UK has a lot to gain in particular”, noted Canning House in its forecast report.
Continuing with this, for the British initiative, the next step for the countries of the region is to move forward take advantage of your opportunitiess, such as pharmaceuticals, infrastructure, food and beverage, healthcare, fintech, agriculture, mining, education and energy.
(Read on: Inflation in Latin America is projected to remain high in 2023).
Regarding the latter, the document states that the region “cannot be excluded from the discussion” on the post-carbon world, especially as it has “essential resources for a prompt energy transition”, despite the region’s major economies “having made uneven progress” in this respect. In this way, they highlighted the role and progress of Colombia, one of the countries that has progressed the most.
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