As noted, recently, the performance of the economy has been supported by a sharp improvement in terms of trade.
The major factors that have eliminated macroeconomic volatility and thus contributed to the growth of Latin American economies are: controlled inflation, limited debt restructuring, reduced unemployment, and social improvements to address inequality and poverty
Colombia is the region’s leading reformer, ranking at 37 of 183 global economies in terms of overall ease of doing business. Colombia is also among the world’s 10 most active reformers—for the fourth time in seven years. Colombia reformed in eight of the 10 regulatory areas assessed by Doing Business . It facilitated business start-up, improved access to credit, expedited trade, strengthened investor protections, and simplified construction permits, property registration, and tax payments. Peru, the region’s runner-up reformer, moved up to 56 from 65 in the global ease of doing business ranking by implementing reforms in six of the 10 areas measured by the report. It reformed business start-up, property registration, and contract enforcement, made it easier to pay taxes, and sped up international trade.
Nobody is going to trust one if one does not demonstrate that it values the culture of the others and the best way to do it is to speak its language It must be stated the way you will receive your payment. You can ask for a pay in advance, partial payment and trust the customer will pay the rest It is safer to get an insurance to cover the exportation or /and the financial assistance It is important not only to do business but establish relationships with customers Canadian Chambers of Trade in Latin –American countries are source of help to trade, as Canadian embassies as well.
VIDOSSA Consulting is a Saint John-based commercial services company that will offer assessment and consulting services to those Canadian companies interested in export their products to Latin-American markets. VIDOSSA’s services will provide assistant in market research, networking, meetings and presentations, commercial fairs and many other aspects related with. VIDOSSA will also provide assistant as a Sales Representative for those companies, as a way to launch sales in these markets.
An overview on the Latin-American region. Regulatory issues and opportunities.