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Latin America is regaining importance for the German economy

Data & facts

Latin America is currently once again in focus as a continent full of opportunities. An increasingly educated population, positively developing markets and a variety of raw material deposits make it a promising destination. In addition, Latin America shows the ability and willingness to be a partner of Germany and Europe in climate policy. At KADESU, we are therefore committed to ensuring that companies in Germany increasingly include Latin America on their agenda.

As KADESU, we are very familiar with the local people, countries and markets. We have a strong network in the regional economy and close contacts with institutions and decision-makers. This enables us to provide companies with well-founded advice and to develop tailor-made solutions for their activities in Latin America.

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In the last ten years or so, companies from China in particular have significantly strengthened their market position in Latin America and the Caribbean. This presents German and European companies with increased competition. In order to improve our competitive position, commercial contracts play a crucial role. As the German Chamber of Industry and Commerce, we are therefore working emphatically to ensure that the EU-Mercosur Agreement, which has been negotiated for years, is ratified as quickly as possible. The same applies to the agreements with Mexico and Chile. Otherwise there is a risk that the existing imbalance in competition, especially with the USA and China in the region, will lead to a decline in German involvement in the long term - a development that we have been observing for years. It is urgently necessary to reverse this trend and to strengthen the competitive position of European companies in the long term.

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Excellent economic relations have existed for over 100 years. German companies are still present in almost every country on the continent. 

 
 

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