Ngozi Okonjo-Iweala, director-general of the World Trade Organization (WTO), reported on the seven ongoing WTO accessions: Comoros, Timor-Leste, Azerbaijan, Bosnia and Herzegovina, Ethiopia, Sudan and Uzbekistan. «I am pleased to note that work on the accessions of Comoros and Timor-Leste could be completed in 2023,» said Okonjo-Iweala, in
The Economic Commission for Latin America and the Caribbean (ECLAC) highlighted the top 10 products exported by the region in 2021 and made a comparison with 2010. These are the 10 products: Petroleum oils and oils obtained from bituminous minerals, crude. Motor vehicles for the transportation of people.
Companies face low capital markets penetration in Latin America compared to the U.S., according to LatAmGrowth. Currently, there are a large number of private and family-owned companies in Latin America that are undergoing generational changes and are open to new sources of capital and looking to create value
Mexico led manufacturing exports in Latin America and the Caribbean in 2021, while Brazil ranked first in exports of primary products. On the one hand, Mexico exported primary products for a customs value of US$112,399 million and manufactured products for US$372,006 million. Consequently, of Mexico’s total product exports,
Latin America has historically shown high rates of poverty and social inequality, notes Credicorp Ltd, a leading financial services holding company with operations in Peru. According to the Economic Commission for Latin America and the Caribbean (ECLAC), poverty in Latin America went from 51.2% in 1990 to 31.6%
Industry retail sales of new outboard boats in the United States during 2022 totaled 47,099 units and represented approximately 71% of all new fiberglass power boats sold between 18 and 36 feet in length. Additionally, according to the Marine Products Corporation, retail sales of new outboard boats had