In response to a question on trade in Latin America, Frank Samolis, Co-Chair of our International Trade Practice, said to the Latin America Advisor: “With the decline of the WTO as a forum for crafting multilateral trade agreements, many countries, including the United States and several in Latin America, are concentrating on the negotiation of mega-trade agreements, such as TPP and TTIP. As a result, the flow of trade has become less spontaneous, and regional trade alliances now play a critical role in governing trade relations. While Latin America continues to democratize and liberalize its markets, it must do more to engage with the global marketplace.” For Frank’s explanation on the ways in which Latin American stakeholders can engage in international negotiations and the next steps, please visit the Latin America Advisor.
