<%@ Language=VBScript %> Embassy of the United States of America - Montevideo, Uruguay
EMBASSY OF THE UNITED STATES OF AMERICA
	- The English and Spanish versions of this site are not identical. For wider coverage, please check both.
Home | Embassy Offices | Consular Section | Multimedia | Archives | Contact | Espaņol
ESPAÑOL

U.S. Seeks To Boost Competitiveness of Latin America, Caribbean

Conferences will show "efficient ways of doing business," Commerce official says

Posted: December 5, 2006

Miami -- The nations of Latin America and the Caribbean are falling dangerously behind in global economic competition, which has negative implications for both that region and the United States, says an official with the U.S. Commerce Department’s International Trade Administration.

Walter M. Bastian, the Commerce Department’s deputy assistant secretary for the Western Hemisphere, said in a December 4 interview with USINFO that enhancing competitiveness in Latin America and the Caribbean extends to such issues as offering better educational opportunities for its citizens. Bastian quoted studies that show the lack of private sector-funded university research and government-funded universities, which are “things which have really benefited the United States” but are still “foreign” in the Latin America/Caribbean region. Only one university -- in Mexico -- in all of Latin America and the Caribbean is on annual listings of the world's top 200 universities, he said.

“Almost anything can make you more competitive,” Bastian said. “Providing better education, power generation, communications, and better roads and infrastructure” are all ways to help a region compete in the global economy, he said.

Bastian gave the interview as he participated in a daylong “Competitiveness” forum at the 30th annual Miami Conference on the Caribbean Basin, held in Miami December 4-6. Results of the Miami competitiveness forum will be presented to delegates attending the May 31-June 2, 2007, meeting of the General Assembly of the Organization of American States.

Bastian said the issue will receive further attention in Atlanta June 11-13, where U.S. Commerce Secretary Carlos Gutierrez will host the “Western Hemisphere Competitiveness Forum” focusing on innovation and the importance of managing the “supply chain” to get a product “in and out of a country.” Gutierrez will invite his counterparts from the Western Hemisphere to the Atlanta conference, along with senior officials from the region’s private sector.

The conference is an outgrowth of the November 2005 Summit of the Americas, held in Mar del Plata, Argentina. President Bush and the 33 other democratically-elected heads of state in the Americas participated in that Argentine summit.

Bastian emphasized that Latin America and the Caribbean need to improve the time it takes to move a product from the supplier to the consumer. He cited the example of how the UPS and FedEx corporations are able to get a package moved off a cargo plane, and through U.S. customs and agricultural and security inspectors, ”all in a matter of 13 minutes.” In Latin America and the Caribbean “it may take you literally months to get a product loaded on a ship and [get it] out of the port,” Bastian said.

”You can’t compete that way,” Bastian said. "We’re trying to expose people [to] more efficient ways of doing business.”

He said that “if we have a more economically viable, competitive Latin America/Caribbean, it’s good for U.S. and hemispheric security,” because people in such countries as El Salvador, Nicaragua, Guatemala, Ecuador and Bolivia “will want to stay home … and have the opportunity to succeed in their country of birth.”

Sponsors of the Miami conference, subtitled “A United Third Border,” said recent reports from the World Bank and the World Economic Forum characterize the Latin America/Caribbean region as “stagnant, lagging behind the growth and productivity of other emerging markets.” Those reports indicated that even the adoption of preferential trade benefits for Latin America and the Caribbean “have not served as the catalyst for long-awaited gains” in the region.

For more information on U.S. policies, see The Caribbean.

The full text of a press release announcing the Atlanta competitiveness forum is available on the Department of Trade Web page. For more information on the conference, contact:

Alysia Wilson
Director of Programs
Office of the Western Hemisphere
Market Access and Compliance
International Trade Administration
U.S. Department of Commerce
Alysia_Wilson@ita.doc.gov
(202) 482-5327 (office)

Eric Green
USINFO Staff Writer

 
###
 

Documento sin título Return to Home l Back
 
Documento sin título
Home | Embassy Offices | Consular Section | Multimedia | Archives | Contact | Español