Latin American economic integration

Latin American economic integration refers to efforts by countries in the region to collaborate and create stronger economic ties. This includes forming trade agreements, reducing tariffs, and enhancing cooperation in various sectors like agriculture and industry. Organizations like Mercosur and the Pacific Alliance aim to boost trade and investment among member countries, making it easier for businesses to operate across borders. The goal is to enhance economic growth, improve living standards, and increase competitiveness globally, while also addressing regional challenges through collective action.