International trade
International trade allows countries to grow beyond the capacity of their domestic markets and allow them to facilitate the flow of goods, services, and technologies that otherwise may not have been possible. The importance of international trade has grown significantly over the past decades as countries become more inter-connected. The International Trade and Integration Division of ECLAC conducts various quantitative and qualitative works aimed at strengthening the international trade agreements and policies in the region. Some of the works include studies and publications of reports regarding the region’s foreign trade and supply chain. In addition, the division also hosts various seminars and courses in promoting exports of goods and services.
Activities


An Introduction To CGE Modeling focus upon trade and tax policy
An Introduction to CGE Modeling is designed to introduce fundamental concepts and practices of tax and trade policy assessment. The primary tool used is Computable General Equilibrium (CGE) modelling. The workshop will be a brief introduction to the practice of economic impact analysis, and a presentation of how CGE models are used to provide evidence-based analysis for Caribbean countries. The presentations will explain standard economic theory behind general equilibrium and will provide examples of CGE applications for tax policy and international trade analysis.


News

Authorities and Experts Call for Joint Efforts to Align Trade Policies with Sustainability Goals
During a high-level conference held at ECLAC, trade and sustainability thought leaders from across Latin America came together to advocate for a strengthened international trade system and better alignment of global commerce with the world community’s commitment to sustainable development. A number of speakers emphasized the value of cooperation on ideas to remake the trade system to be fit for purpose, especially in times of crisis such as the present.

United States Trade Developments 2024 Briefing Notes
United States Trade Developments 2024 provides an overview of selected developments in United States trade relations with Latin America and the Caribbean. Following the global focus on the climate crisis and the specific emphasis on President Biden’s trade policy on advancing a sustainable environment and climate path, the report includes a section on trade in circular economy goods.

Jon Azúa, Prominent Spanish Academic Specialised in Clusters, will Give the XVIII Raúl Prebisch Lecture at ECLAC
The President and founder of Enovating Lab will speak at the United Nations organisation’s headquarters in Santiago, Chile on 26 November.

The Value of Goods Exports from Latin America and the Caribbean Will Grow by 4% in 2024: New Report by ECLAC
In the latest edition of the document entitled “International Trade Outlook for Latin America and the Caribbean,” the United Nations regional commission also indicates that services exports will increase at a double-digit rate for the fourth straight year.