Ideas for Developing Asia and the Pacific

Asia-Latin America Integration: Challenges, Developments, Opportunities

Video | 23 March 2015


The Asia Latin America economic relationship is one of the most dynamic in the world economy today. Trade continues to increase between the two regions and now amounts to around half a billion dollars. Over twenty free trade agreements have also been concluded. However there are considerable on going challenges to overcome, such as the distance between the two regions, cultural differences, business practices, insufficient infrastructure, and regulatory impediments, if trade relationships are to continue to deepen and for overall trade between the two regions is to increase. At a recent interview held at ADBI, Antoni Estevadeordal of the Inter-American Bank and Ganeshan Wignaraja of ADBI examine the current state of play, the opportunities for trade development between Asia and Latin America, and the way forward, drawing upon a new ADBI publication: New Frontiers in Asia-Latin America Integration: Trade Facilitation, Production Networks, and FTAs.


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