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Cobre. Foto: Andina.
Peruvian mining exports exceeded US$3.2 billion in February

Copper exports represented 51%, while gold and iron, 31% and 5% respectively.

Fuente: Reuters
Colombia signs trade agreement with the United Arab Emirates to export products without tariffs

The Comprehensive Economic Partnership Agreement was signed this Thursday. The next step is for the document to comply with the internal procedures of each country. In Colombia it must go through the Congress of the Republic and, subsequently, be reviewed by the Constitutional Court.

crédito foto Gwendolyn Ledger misión Taiwan en Chile abril 2024
Taiwan completes business tour of South America

Brazil, Argentina, Paraguay and Chile were targeted by machinery, textile, cybersecurity and food companies from Taipei.

FMI. Foto: Reuters.
IMF trusts in Mexico to advance fiscal consolidation

They will have to increase non-oil revenues and rationalize public spending.

Fuente: Reuters
Chile's Minister of Finance will travel to the US with a view to attracting new investors to the country

The head of the fiscal coffers has planned a series of activities - both in Washington and New York - with the World Bank, IMF and the UN. His agenda includes appointments and forums with investors, to whom he will present the perspectives of the Chilean economy.

Foto vía MinEconomía.
Chile's anti-tax evasion fight, is it a model for Latin America?

The South American country is taking firm steps towards greater oversight with its new tax regulations. Meanwhile, neighboring countries such as Peru and Argentina face similar challenges, although with different contexts and figures.

Fuente: Reuters
China registers GDP growth of 1.6% in the first quarter of 2024 and 5.3% year-on-year

The IMF is open to revising its growth forecast upwards, after the first quarter data has exceeded its expectations.

Fuente: Reuters
Fed Chairman announces that they will maintain interest rates if inflation remains stable

"If the rise in inflation persists, we can maintain the current level of restriction for as long as necessary," Powell explained at a US-Canada economic forum.

FMI. Foto: Andina.
IMF raises Latin America's economic growth outlook to 2% in 2024

Brazil and Mexico, the region's largest economies, will have positive performance this year, helping the improvement in the region forecast.

Exportaciones. Foto: Andina.
Peru's exports grew by 9.1% until February

This result has been generated thanks to the increase in sales of minerals (+19.8%), agricultural products (+13%), chemicals (+5.4%) and metallurgical goods (+2.7%).

Fuente: Reuters
Mexico vs Ecuador: a long tradition of trade agreements frustrated by political tensions

The diplomatic rupture between both countries after the intervention of the Mexican embassy in Quito represents a severe setback for a modest commercial relationship, marked by unequal gains.

Fuente: Shutterstock
Ipsos: Mexicans remain optimistic about the economy, unlike the global trend

According to the results of the consulting firm's analysis, 55% of those surveyed in Mexico responded that the direction of the country is correct. That percentage has remained the same since January 2024.

Fuente: Reuters
World Bank: Paraguay must diversify its exports to reduce climate impact

The Guarani country maintains an economy highly dependent on agriculture, its main export product being soybeans and other grains.

Fuente: Agencia Andina
Colombia highlights trade relationship with Peru and promotes integration in regional blocks

The coffee-growing country is one of the main foreign investors in Peru.

Economía peruana. Foto: Andina.
Peruvian economy grew 2.85% in February

Gross Domestic Product (GDP) growth was led by mining and hydrocarbons sector, which recorded a rebound of 15.94%.

Minería. Foto: Andina.
Peruvian mining sector projects 9.5% growth in its contribution to GDP

The Ministry of Energy and Mines reported that this government seeks to make more than US$ 4.6 billion in investments viable through seven projects that will contribute to promoting the economic reactivation of the country.

crédito foto DW Lula con Petro
Petro and Lula meet this week to promote bilateral trade and investment

President Lula's agenda in Colombia begins Wednesday morning when he will meet with President Petro at the Casa de Nariño. Bilateral agreements will be signed after the meeting.

Fuente: Pexels
TTR Data: Latin American transactional market recorded a decrease of 22% in the first quarter of 2024

It should be noted that Venture Capital transactions decreased by 20% in the first quarter of the year, while Colombia has been the only country with an increase in mobilized capital.

Fuente: Reuters
IMF will disburse US$510 million to Costa Rica and projects economic growth of 4%

The head of the Technical Mission of the international organization in the Central American country praised the work of the Central Bank, although he recommended a return to a neutral monetary policy in the following months.

Fuente: Reuters
Colombia seeks to renegotiate debt with the IMF to invest in economic reactivation

On Thursday, Colombian President Gustavo Petro assured that he will ask the director of the IMF, Kristalina Georgieva, for an alternative to extend the terms of the credit payments that the coffee-growing country has.