“We believe that the regional market is the most appropriate for export diversification. It is the most important market for exports of manufactures and services, and for most exporting companies, especially small and medium-size enterprises,” said Heraldo Muñoz, Minister of Foreign Affairs of Chile. But intra-regional trade accounts for only 26 percent in Latin America, compared to 50 percent in Europe. There are however some instances in which integration has gone deeper than expected. Latin Trade reports. Statoil takes first bite of solar market with Brazilian joint venture Norway’s Statoil is taking its first step into the solar sector on Wednesday, partnering up with Oslo-listed renewable energy firm Scatec Solar in a joint venture aiming to build several large-scale solar […]
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