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Shaping the Future of the Asia and the Pacific-Latin America and the Caribbean Relationship

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Economic ties between Asia and Latin America and the Caribbean (LAC) have reached a turning point. In a mere decade, Asia has become LAC's second-largest trading partner. This dynamic trade relationship has boosted LAC's strategic and economic importance to Asia.To expand these gains, governments must play a more decisive role. Their participation is critical in strengthening and balancing the three key pillars of any successful integration initiative: trade, investment, and cooperation. In its four chapters, the report identifies the challenges and opportunities in each of these pillars while drawing attention to the benefits of balancing their development.
Keywords: 
Future, Asian future, Asia-Pacific’s Economy, Latin America, Carribean, Economy & Trade, Globalization, International Investment, International Trade
Country of publication: 
Philippines
File: 
Publication date: 
Saturday, May 5, 2012
Number of pages: 
171