Courtesy: fcpamericas.com
The credit for significant poverty reduction achieved in the last decade in Latin America goes to the pro-poor policies of the leftist governments. The Left is expected to be voted back to power in the October elections to be held in Brazil, Uruguay and Bolivia. The increase in affordability power is good news for the Indian companies who are exporting goods to the region
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In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
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In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
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With elections scheduled in seven Latin American countries, 2014 will be a year of significant political developments in the region. As we enter 2014, Gateway House examines the important events that defined Latin American politics and economy in 2013
Courtesy: Wikimedia Commons
The death of Venezuelan President Hugo Chavez, election of President Michelle Bachelet in Chile, reforms in Mexico and the legalisation of cannabis in Uruguay have implications for the Latin American region. Gateway House examines how these will shape the region’s politics and economy in the coming years
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Although India’s trade with Latin America has increased considerably, there is still much potential to be exploited. India’s should adopt an aggressive market oriented strategy by identifying local partners wherever possible to enable Indian companies to penetrate the region.
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Latin America is witnessing an exponential rise in regional integration of business houses. The resource-rich nature of most Latin American economies has led to an inward concentration of investment, which makes it an extremely interesting prospect for Indian investors.