The German industry is pressing to expand its engagement in Latin America. To achieve this, new emphases are needed in Latin America policy. The Latin America Committee of German Business (LADW) and the Federation of German Industries (BDI) are therefore presenting a joint position paper for stronger cooperation with the region.
On the occasion of the publication of the position paper, LADW Chairman Andreas Renschler stressed: “Free trade agreements are urgently needed for German companies in their cooperation with Latin America so that we can continue to play a strategic role there in the future. An early ratification of the EU-Mercosur Agreement is indispensable”.
The paper is based on the findings of the CEO Agenda for economic cooperation with Latin America of LADW and McKinsey & Company and contains recommendations for action to politicians.