The European Parliament has approved a series of free trade pacts with eight LATAM nations: Colombia, Peru, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama, effective 2013. The motivation: that the EU forges stronger links with emerging economies, while their member countries endure economic struggles of their own.
Theses eight nations currently have free trade agreements with the U.S.
If you’re shipping between Europe and LATAM, consider the costs and how best to contain them between regions with widely varying logistics norms. To get a handle on achieving manageable rates from carriers serving these routes between and in-country, consult Data2Logistics. Their place in this world is enhancing transportation operations, helping meet goals for cost reduction and improved oversight. They provide focused resources to support projects relating to pooled purchasing, RFP management, carrier negotiations, TMS software, inbound routing and network analysis, along with a related business intelligence portfolio, informed audit and freight payment services. Their supply chain cost reduction reach provides ability to support all modes of transportation, optimizing logistics operations domestically (wherever’s domestic to you) and everywhere else around the globe.
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