International Trade Concepts
Deepening regional integration actions is crucial to exit the crisiswith pragmatism, to rescue the vision of an integrated Latin American market, said Alicia. Sales to Asia fell less significantly.
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In contrast, the agricultural products sector had a slight increase of 0. For CEPAL, the fact is due to the combination of higher sales of medical supplies and personal protective equipment especially masksagricultural products whose demand was not so affected by the pandemicand the relative resilience shown by trade between countries in the Central America. However, imports decreased in all countries in the same period According to CEPAL, Latin America and the Caribbean need to reduce their internal costs and promote efficient logisticswith regional integration and the promotion of logistical intelligence to overcome the crisis.
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