RED 2021 presentation in Paraguay

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CAF -development bank of Latin America- invites you to the presentation of RED 2021 in Paraguay entitled "Paths for integration: Trade Facilitation, Infrastructure and Global Value Chains".

Event date:

March 07, 2022

In the last 30 years, most Latin American countries have implemented trade liberalization policies, both unilaterally and multilaterally, as well as within the framework of regional and extra-regional trade agreements. These policies resulted in a reduction of tariffs and non-tariff barriers, which have generated increases in the levels of trade and investment, which on average have been lower than expected. However, Paraguay stands out in the region as one of the countries with the greatest dynamism in terms of aggregate trade, with the sum of its imports and exports going from 32% of GDP in the period 1980-1984 to 70% of GDP in the period 2015-2019.

However, other indicators of openness, such as insertion in regional and global value chains measured as the value added in exports, both for Paraguay and for the rest of the region, show a much more modest performance.

This report explores the hypothesis that the low international insertion of Latin American companies in general and of Paraguay in particular, is due, in part, to poor use of the regional space as a complement to a strategy of global expansion of exports. This hypothesis focuses on the feedback and benefits between regional and global openness, what has been called open regionalism. To achieve this greater regional and global insertion, the report proposes to act on three specific areas: trade facilitation, physical infrastructure and productive integration.

 

Date: Monday, March 7, 2022

Time: 9 a.m. (Paraguay)

The transmission of the event will be available on this website.

program

Day 1

March 07, 2022

    Opening panel

    Speakers:

    Sergio Díaz-Granados
    Executive President, CAF -Development Bank of Latin America and the Caribbean-

    Oscar Llamosas
    Minister of Finance of Paraguay

    Carolina España
    Executive Vice President of CAF (E) and CAF Representative in Colombia

    Presentation of the Economy and Development Report (RED) 2021

    Comments: Jorge Pedraza, Secretary General of the CAN

    Speakers:

    Lian Allub
    Principal Economist, Directorate of Socioeconomic Research, CAF -Development Bank of Latin America-

    Jorge Hernando Pedraza
    Secretary General, Andean Community

    The economic integration of Paraguay

    Moderator: Ernesto Schargrodsky, Director of Socioeconomic Research, CAF

    *to be confirmed

    Speakers:

    Luis Castiglioni*
    Minister of Industry and Commerce of Paraguay

    Arnoldo Wiens*
    Minister of Public Works of Paraguay

    Iván Haas
    Vice Minister of Economy of Paraguay

    Carina Daher
    President, Chamber of Maquiladora Companies of Paraguay, CEMAP

    Sonia Tomassone
    Director, Single Window Export Consortium, CONVUE

    Joel Branski
    Representative of Paraguay, CAF- development bank of Latin America

    Closure

    Speakers:

    Adriana Arreaza
    Head of the Knowledge Department, CAF -Development Bank of Latin America-

    Jorge Srur
    South Regional Manager, CAF- development bank of Latin America

with the support of