UN: Latin America, less affected by the impact of continued wars

UN: Latin America, less affected by the impact of continued wars

The head of the United Nations agency for Trade and Development (UNCTAD), Rebeca Grynspan, stated this Wednesday that, “probably”, Latin America will be less affected by the economic impact that the continuation of the wars in the Middle East and Ukraine may have.

Probably less than Africa and Asia, but, still, if there is an impact on international markets, Latin America will also be affected“Grynspan said in statements to EFE, after speaking at the opening session of the twelfth edition of the Lisbon Forum, where jurists, politicians and officials from Portugal and Brazil will meet over three days.

The head of the UN, who is Costa Rican, gave a speech about the challenges facing global trade and the search for northern and southern integration.

After his intervention, Grynspan told EFE that they are worried about “if the conflicts drag on for too long”: “We are going to encounter a push on prices, we are going to see a rise in prices worldwide due to the impact it has on maritime transport.”.

Source: Gestion

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