Latin America Update: March 14, 2012
China Replaces the US as Peru’s Top Export Market
Two years after signing a bi-lateral free trade agreement with Peru, China replaces the United States as the top market for Peruvian exports (led by Mining and Fisheries). The US remains the leader for Peruvian imports, followed closely by China.
Inter-American Development Bank (IBD) Board of Governors to Converge on Montevideo
Murcadom President Jock Chamberlain will be in attendance when the Inter-American Development Bank (IDB) holds its annual meeting next week in Montevideo, Uruguay.
The largest source of development financing for Latin America and the Caribbean, the IDB is made up of 48 shareholders and includes 26 Latin American and Caribbean member states.