Thursday, November 30, 2023

What are the reasons for the interest of the United States and China in Latin America?

The interest of the United States and China in establishing commercial relations in Latin America is growing. Although the two have an interesting partnership in some countries of the continent, the plan is to reach a bigger business. Speaking of this topic, Canal E contacted the doctor Alberto Ruskolekier who said, “The United States has a trade with America of 740 billion dollars per year, but China in the last 20 years has increased its trade with America to the point that it is the number one partner.”.

The significance of Latin America

According to Russian cholekLatin America is important, especially for the United States, because 25% of the world’s best farms are in the continent, as well as this region is a large producer of soybeans with almost 50% of the world’s production.

“It is estimated that by 2028, 25% of all global agricultural and fishing production will be in Latin America and there are also three countries with the largest lithium reserves in the world and they are Argentina, Bolivia and Chile.” explained the doctor.

Democratic regimes

However, the concern in North America is in a study that in Latin America only 48% support democratic regimes. “They say that in Latin America there are regimes that are almost aligned with a political axis that has nothing to do with North America, for example in Cuba, Venezuela, Nicaragua and Bolivia.”, he said Russian cholek.

In this way, the United States sees all of America as “a continent that, in some ways, is becoming poorer, but a business that is increasing”, assured the interviewee.

In conclusion, Russian cholek stated: “Latin America is a territory of great wealth”.

World Nation News Desk
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