(MENAFN) The Development Bank of Latin America (CAF) has urged for further infrastructure investment, aiming to boost the region's trading capabilities.
CAF executive chief Luis Carranza insisted how "to achieve the relevance and scalability the Latin American market requires to compete amid winds of protectionism."
The executive president also insisted that "logistical deficits, along with other obstacles, affect the speed required by trade flows."
He continued "we could increase the productive powers of the economies through a stronger insertion with global value chains, driving production changes and intra-regional trade of final and intermediate products."
MENAFN2002201800450000ID1096488127
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.