Sat. Jul 20th, 2024

Welcome to the latest edition of Foreign Policy’s Latin America Brief. A major milestone this week as USMCA (which was previously known as NAFTA) celebrates its 30th birthday. Chile has brokered a deal as part of its national lithium strategy. In his New Year’s address, Pope Francis criticized Nicaragua. For more articles, sign up to receive Latin America Brief every Friday. NAFTA, or the U.S.-Mexico-Canada Agreement, was formed in 1994 and was an economic and political achievement. Some claim NAFTA deprived Mexico of growth opportunities, while others insist it stimulated Mexico’s manufacturing industry and encouraged global value chains. Nexos devoted an entire issue to the ongoing impact of the agreement. Meanwhile, Chile is forging partnerships to expand its mining industry, while the Argentine President rejects the invitation to join BRICS and leans towards joining the OECD. In Brazil, the tradition of wearing white and celebrating on the beach continues, and secular New Year’s Eve party-goers have adopted some religious customs.

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