The South American association of states Mercosur (Argentina, Brazil, Paraguay, Uruguay and Venezuela) is one of the focus areas where GBA  turns its attention to. GBA  has been active in Brazil since the mid-1960s and in Argentina for almost as long. From GBA  point of view, there are promising prospects for companies for example in agribusiness and the manufacturing industry, but also in the infrastructure sector.

The countries are generally economically robust. In future, the EU and Mercosur want to jointly build the world’s largest free trade area. Brazil’s economy in particular has developed well during the last years. At the same time, however, many people in that region still live below the poverty line. Resources and income are unequally distributed. A major challenge is to further stimulate economic growth while putting an end to the increasing environmental destruction.

The staff look after clients wishing to invest in the Andean Community of CAN, America’s third largest integration area after NAFTA and Mercosur. These include Bolivia, Ecuador, Colombia and Peru. The Andean region is rich in natural resources and continues to display considerable economic potential. As of 2023, Colombia, a key member of CAN, has seen its population exceed 50 million. After a period of economic slowdown due to the pandemic and global economic conditions, and a steep recovery, Colombia has entered a period of moderate growth, according to the OECD.

Other CAN members have been contributing to the region’s economic dynamics: Peru has capitalized on its mining sector, and the country’s commitment to economic diversification and increased trade agreements have further bolstered its economic outlook. Ecuador continues to rely on its oil exports, but the country has made efforts to expand its agricultural and tourism sectors, aiming to mitigate economic volatility. Bolivia’s economy, traditionally dependent on natural gas and mining, has seen efforts to increase investment in renewable energy and infrastructure.