What’s Ahead for India and Latin America?
By
Hari Seshasayee
There’s room for growth in Indian investment in the region, says a specialist.
There is increasing evidence that Latin America’s recent entente with China is deepening the region’s dependence on commodities. But closer economic ties with India could have the opposite effect—and at a crucial moment, as the region recovers from the impacts of the COVID-19 pandemic and supply chain crises. Latin America’s long-term reliance on commodity exports hasn’t changed as the region develops more ties to China. Commodities still make up more than half of total exports in 15 out of 19 countries in the region. Excluding Mexico, the only major outlier, 73% of Latin...
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