In recent years, economic opportunities have become the main force driving relationships in the Western Hemisphere. While political cooperation has stumbled, robust trade and financial engagement have been shown to be the best foundation for stronger partnerships between the countries of the region. But Latin American nations face enormous challenges in strengthening their international competitiveness, assuring their position in global finance and trade flows, and achieving equitable growth.
The Inter-American Dialogue seeks to encourage further economic integration and cooperation by building a better understanding of the major trends affecting trade, foreign investment, and economic development in the Americas.
The oil sanctions were imposed weeks ago and I think the [Trump] administration expected Maduro to have fallen by now […] Venezuela is struggling to find buyers for its crude oil, but it is still getting shipments into India and Europe so pressuring other countries and banks to more strictly impose US sanctions is one of the few options left.
The threat of sanctions has been floating around in the U.S. for many years. They were always worried about the fear that the humanitarian crisis would get worse because the economic situation would get worse without a guarantee there would be a positive change in government. That threat still exists — we still don’t know how this is going to end up.