PrintPrint CiteCite
Style: MLAAPAChicago Close


Business Challenges and Opportunities in Latin America

Interviewer: Donna J. Hrinak, Member, Board of Directors, Council on Foreign Relations
Interviewee: Ricardo Salinas, Chairman and Founder, Grupo Salinas
November 21, 2011

Grupo Salinas chairman and founder Ricardo Salinas discusses the challenges of doing business in Latin America with CFR Board Member Donna Hrinak. Salinas cites inconsistent regulation across the continent as a major challenge for his company. "It's complicated because there are lots of small countries out there," he says, "each one has its own rules." Salinas also emphasizes that not all Latin American countries offer the same opportunities for business investment. "There are other neighborhoods like Venezuela, where we would not be investing there, like Ecuador, like Nicaragua. We'd steer clear of those."

Terms of Use: I understand that I may access this audio and/or video file solely for my personal use. Any other use of the file and its content, including display, distribution, reproduction, or alteration in any form for any purpose, whether commercial, noncommercial, educational, or promotional, is expressly prohibited without the written permission of the copyright owner, the Council on Foreign Relations. For more information, write

More on This Topic