China came to the rescue in Latin America and the Caribbean after the Global Financial Crisis. Can it do so again?
On April 12, the Inter-American Dialogue, in partnership with the Latin America Program at the Wilson Center, hosted a conversation with the current Minister of Finance and Public Credit of Colombia, Alberto Carrasquilla.
Japanese Foreign Minister Taro Kono visited Latin America Aug. 11-19, with stops in Ecuador, Peru, Colombia and Mexico. Kono’s priorities during the trip were strengthening economic cooperation and trade ties with the region, particularly the Trans-Pacific Partnership, and seeking support on diplomatic issues, including those related to North Korea, NHK reported. What did he accomplish during his tour? Where are Japan-Latin America relations headed? Does Japan have a clear and coherent strategy in Latin America? Which sectors and countries in the region are of greatest importance for Japan, and what is driving that interest?
While the Trump administration’s “America first” policies are aimed primarily at giving higher priority to national security and economic growth for the United States, the White House’s approach will have impacts on energy relations with the rest of the hemisphere that should also be considered.
Cuts to Washington’s energy engagement could undermine the connections that help support U.S.–Latin American cooperation on issues from security to immigration. When it comes to weakening energy integration in the Americas, there are few winners.
The collapse in global oil prices has led to a steep decline in investment in Colombia’s hydrocarbons sector and reduced the value of its oil exports, depleting a key source of government revenue.
With the recent decline in commodity prices, why have some countries have fared better than others?
Conflicts over energy and natural resources are leading to social turmoil and posing serious challenges for investment projects all over Latin America.
How will increasing Asian investment in Latin America influence economics and politics in the region?
Brazil’s oil and gas and electricity sectors are an important destination for Chinese direct investment.
The US’ standing as the main consumer of Latin America’s oil exports is unraveling as China emerges as a major consumer of global oil supplies.
Over the past decade, China has become an increasingly important source of investment for developing countries. China’s investment, however, in the Caribbean is still minimal.
What is the outlook for Ecopetrol and the Colombian oil sector in the short to medium term?