Mexico and Brazil — Trading Up?

AIG Global Trade Series

Panellists:
Victor do Prado, Senior Fellow, Brazilian Center for International Relations – CEBRI

Shannon O'Neil, Vice President of Studies, and Nelson and David Rockefeller Senior Fellow for Latin America Studies, Council on Foreign Relations

Moderator: Rem Korteweg, Senior Research Fellow, Clingendael Institute

This podcast episode was recorded on 4 April 2024.

The 2024 edition of the AIG Global Trade Series explores the theme of ‘Back to the Future: A New Era of Managed Trade?’

With geopolitics, concerns for economic security and ambitious industrial policies creating new trading patterns and dependencies, global value chains are being reshaped. This fluid new landscape of global trade presents both opportunities and challenges for two of Latin America’s strongest economies: Mexico and Brazil.

What are the main factors driving the integration of Mexico and Brazil in global value chains? How has the Biden Administration’s industrial strategy impacted Mexico and how is Brazil leveraging its relationship with China, its major source of FDI? What role is trade playing in the industrial development of both countries? And what does the experience of Mexico and Brazil tell us about the place of Latin America in the global economy?

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The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); the Clingendael Institute (The Netherlands); Elcano Royal Institute (Spain); ERIA – the Economic Research Institute for ASEAN and East Asia (Indonesia); IIEL - the Institute of International Economic Law at Georgetown University Law Center (US); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).

The views and opinions expressed in this podcast series are those of the speakers and do not reflect the views, policy or position of American International Group Inc, or its subsidiaries or affiliates (AIG). Any content provided by the speakers in this podcase series is their opinion, and is not intended to malign any religion, ethnic group, club, organization, company, individual or group of individuals or anyone or anything. AIG makes no warranty or representations as to the accuracy, completeness, correctness or validity of any information provided during this podcast series, and AIG will not be liable for any errors, inaccuracies or omissions in the information provided during this podcast series or any damages, losses, liabilities, injuries resulting from or arising from the Podcast including your use of the Podcast.