Latin American Economy & Business - December 2017 (ISSN 1741-7430)

At last, Latin American and the Caribbean (LAC) exports are growing again. In a new report[1] the Economic Commission for Latin America and the Caribbean (ECLAC) says that exports are set to grow by around 10% in 2017, after four years of negative performance in 2012-2016. ECLAC highlights three main points, however. It says that the recovery remains uncertain still. It notes the LAC region is lagging in the development of trade in modern services, and finally it stresses that the region needs to do more to diversify and increase-value added in the agricultural sector.