FTAs with Peru and China are part of a broader trade strategy.
At an AS/COA panel, speakers presented different perspectives regarding the prospects of the RMB as an international currency, the issue of trade settlements, and the outlook for reserve currency status and RMB-denominated investments
China’s fast economic growth, robust external trade, and foreign investment across the world are rapidly increasing the use of the Chinese currency outside the mainland. Speakers analyzed the economic and political implications of the use of the Renminbi in Latin America.
China’s fast economic growth, robust external trade, and foreign investment across the world are rapidly increasing the use of the Chinese currency outside the mainland. Speakers analyzed the economic and political implications of the use of the Renminbi in Latin America.
India emerges as a major new partner for Latin America.
President Rousseff’s mid-April China trip highlighted what needs to happen to increase mutually beneficial bilateral cooperation.
Four Latin American countries on the Pacific Rim are banding together to increase regional clout and Asia-Pacific trade. On April 28, the leaders of Chile, Colombia, Mexico, and Peru meet in Lima to ink the Pacific Arc agreement.