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Aladi calls for more regional trade integration before neoprotectionism

The secretary general of the Latin American Integration Association (Aladi), Mexican Alejandro De La Peña Navarrete, today advocated in Bolivia for a greater commercial integration of the region to face neoprotectionism.

La Paz, Oct 18 (EFE) .- The secretary general of the Latin American Integration Association (ALADI), Mexican Alejandro De La Peña Navarrete, pleaded today in Bolivia for greater commercial integration of the region to face neoprotectionism.

De la Peña made this statement when inaugurating with the Bolivian President, Evo Morales, the 2017 edition of the Expo Aladi, which will take place until this Friday in the city of Santa Cruz (east).

The Mexican recalled that one of the main tasks of the Aladi is the regulation and promotion of commerce, but said that "it is not a question of generating trade by trade, but of improving the standard of living" of the population through an integration process that "Strengthen" the region.

"Together we will have greater capacity to cope with the neo-protectionist trends that have been registered in some of the world's major markets in "According to De la Peña, LAIA has 49 trade agreements that grant preferential access to a market of almost 520 million inhabitants, although it indicated that "for a number of reasons, the level of use of preferences is relatively low."

Therefore, he said, it is important not to stay "simply" with negotiated agreements between governments, for although the authorities "can and should regulate" trade, those who carry out the bulk of these transactions are public or private entrepreneurs.

"It was in this In this context, Aladi decided to organize the largest business round in Latin America, so that entrepreneurs in the region can establish new contacts, take advantage of existing agreements and increase regional exchanges, "he explained.

More than 700 companies from Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, Mexico, Panama, Paraguay, Peru, Uruguay and Venezuela and is expected to generate an economic movement of at least 250 million dollars.

This edition has a strong focus on small and medium- medium-sized enterprises, so the support of the Food and Agriculture Organization of the United Nations (FAO) was sought so that they could also participate farmers.

In addition to the business tables, the promotion bodies of each country will have spaces to provide information on their respective exportable offers and opportunities for investment.

The Andean Community of Nations (CAN) and Mercosur will also be present and "thematic talks that will enrich the knowledge of the participants in various topics of interest, "said the general secretary of Aladi.

According to De la Peña, the Expo Aladi also serves to promote" convergence within diversity " as each member country "decides the development model it deems most appropriate to its needs and circumstances".

"No one is obliged to think the same as the others. works in a process of integration respectful of the political, economic and social diversity of the region, "he added.

In turn, President Morales said that in recent years, Latin America has endured the effects of the "crisis of the capitalist system" and considered that the best way to cope with this is "with greater integration", respecting the differences regional.

He argued that with a combination of state and private investment, "surely Latin America has a lot of future and a lot of hope."

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