Korea and Latin America and the Caribbean: Advancing Together in an Evolving World
Peer Reviewed
Date issued
Jul 2024
Subject
Integration and Trade;
Export;
Investment;
Collaboration;
Tariff System;
International Trade;
Information and Communication Technology;
Bilateral Trade;
Economy
JEL code
F13 - Trade Policy • International Trade Organizations;
F15 - Economic Integration;
O54 - Latin America • Caribbean;
F23 - Multinational Firms • International Business;
F35 - Foreign Aid;
F50 - International Relations, National Security, and International Political Economy: General
Country
Republic of Korea
Category
Monographs
This report reviews the latest trends in trade and investment and highlights the potential for Korea and Latin America and the Caribbean (LAC) to unlock new opportunities in food and energy security, as well as climate resilience, through strengthened multilateral trade systems and enhanced norms in competition, labor, and environmental standards. Koreas advanced innovation system can significantly boost LACs productivity through the adoption of new digital technologies. Conversely, LAC, as the worlds largest net exporter of food and agricultural products, can help stabilize and reduce global food prices, benefiting Korea and other nations.
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