The E15 engages key stakeholders – trade and investment policy makers, business and thought leaders – in policy dialogues in Geneva and around the world to explore and help validate ideas, align interests and strengthen the impetus for change.
Trade and Development Symposium
Latin American Challenges in the New Global Economy
Latin America has gone global. The rapid transition towards a digital economy, the densification of global value chains, and the ever-increasing trade flows, both among Latin American countries and between them and the rest of the world, bring opportunities but also demand improved and accelerated preparation from governments and business sectors alike.
Small and medium-sized enterprises (SMEs) require thoughtful governmental action to better integrate into the new economy. Access to modern infrastructure and effective financing have a significant impact on the development of new business with export potential. On a continent where 70 percent of the labour force, but only 30 percent of its GDP comes from SMEs, sound regulatory frameworks play a key role in creating appropriate conditions that facilitate engagement in the global economy.
Latin America has a historic opportunity to take a leap forward. Her natural wealth, combined market size, and vocation for integration make her an attractive business partner, particularly for Southeast Asia and Europe, despite her traditional ties with North America.
This high-level plenary allowed top policymakers, intergovernmental organisations and business with a particular interest in Latin America to share their views, confront their opinions, and work on common approaches towards the participation of Latin America in the new global economy in a trajectory coherent with the vision embodied in the 2030 Agenda for Sustainable Development. The discussions surrounded the orientation of Latin America in the context of globalisation, whether as a mere spectator or assuming a role as a creative and progressive player.
The biennial Trade and Sustainable Development Symposium (TSDS), held alongside the WTO ministerial conference for over a decade, is the leading multi-stakeholder platform for intellectual enquiry and dialogue on sustainable development and the global trade and investment system. The TSDS – organised by ICTSD in partnership with the Centro de Implementación de Políticas Públicas para la Equidad y el Crecimiento (CIPPEC), the Inter–American Development Bank (BID), Consejo Argentino para las Relaciones Internacionales (CARI) and Bolsa de Cereales with the support and collaboration of the Ministerio de Producción, Presidencia de la Nación, Argentina – acts as an inclusive platform outside of the WTO negotiating setting for sharing ideas, engaging in dialogue, and influencing trade policy negotiations. Drawing in participants from government, business and civil society, the Symposium helps to maintain and elaborate a global vision of sustainable development in trade and investment policymaking.