from Latin America's Moment

Latin America’s Market-Friendly Governments Could Spur Regional Integration

Argentina's President Mauricio Macri shakes hands with Brazil's President Jair Bolsonaro during a meeting in Brasilia, Brazil January 16, 2019. REUTERS/Ueslei Marcelino

The ascent of leaders who favor free trade opens space for real integration.

Originally published at Bloomberg

February 26, 2019

Argentina's President Mauricio Macri shakes hands with Brazil's President Jair Bolsonaro during a meeting in Brasilia, Brazil January 16, 2019. REUTERS/Ueslei Marcelino
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In 2011, when Sebastian Pinera showed up for his first 33-member Community of Latin American and Caribbean States meeting, it was a lonely affair for the right-leaning billionaire Chilean president: Most of his counterparts were part of the “pink tide” sweeping the region. Now he fits right in at the annual presidential summits, with market-oriented leaders at the helm of Argentina, Brazil, Colombia and beyond.  

South America’s new like-minded leadership opens the possibility of cooperation on a host of issues, as long as these leaders aren’t consumed by their own internal policies and politics.

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Latin America

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We are already seeing action on Venezuela, the region’s biggest foreign policy and humanitarian crisis in decades. Together the members of the 14-nation Lima Group (Mexico’s leftist government the exception) have recognized Juan Guaido, head of Venezuela’s National Assembly, as interim president and called for a transition to democracy through new elections.

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More on:

Americas

Trade

Latin America

Brazil

Argentina

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