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Integration and Trade Section, Inter-American Development Bank (IDB) Eric Farnsworth, Vice President, Council of the Americas Steve Liston, Senior Director, Council of the Americas (moderator) “2021’s gonna look very good from a trade perspective because 2020 was pretty bad,” said Ken Roberts, who participated in a panel co-hosted by Council of the Americas and WorldCity analyzing Latin American trade in 2020 and projections for 2021. Mainly due to the impact of the coronavirus, 2020 saw a decline in trade in Latin America, especially in the first half of the year. Critically, the commodity sector was particularly affected by a global drop in consumption. However, the panel gave reason for optimism: recovery of trade opportunities has been faster than expected. Roberts cited the potential U.S. stimulus, rising consumption, and a strong stock market, as reasons to be optimistic about 2021.

United statesEric farnsworthSteve listonKen robertsMauricio mesquita moreiraCouncil of the americasAmerican development bankResearch coordinatorMesquita moreiraChief economistTrade sectionInter american development bankVice presidentSenior directorLatin americanLatin america