Latin American Leaders Highlight Strategic Opportunities Amid Global Economic Transformations
Leaders from Latin America are emphasizing that ongoing global economic transformations—including the restructuring of global supply chains and the acceleration of digital transformation—are opening new avenues for countries across the continent to strengthen their role in international markets. According to the heads of the Dominican Republic, Ecuador, and Paraguay, capitalizing on these opportunities demands investment in human capital, infrastructure modernization, and the adoption of flexible legislative frameworks that foster innovation and entrepreneurship.
The remarks came during a panel titled “Latin America’s Next Chapter: What Comes Next?” at the World Governments Summit 2026, attended by Luis Abinader (President of the Dominican Republic), Daniel Noboa (President of Ecuador), and Santiago Peña (President of Paraguay). The leaders outlined a shared vision for the continent, describing Latin America as being at a historic turning point that necessitates bold and inclusive development policies.
They emphasized the urgency of diversifying income sources, boosting competitiveness in advanced industries, smart agriculture, and digital services, and leveraging technology to spur development, enhance government services, and empower the youth.
Innovation, the leaders agreed, is crucial for confronting common challenges such as food security, migration, and climate change. They stressed that deeper regional coordination and international partnerships—especially those that encourage sustainable growth—are vital. Highlighting existing models, they pointed to strategic partnerships with the UAE as examples of mutually beneficial cooperation, particularly in infrastructure and logistics, which have supported the region’s integration into global trade.
President Santiago Peña highlighted the depth of Paraguay’s relations with the UAE. President Luis Abinader praised the role of DP World in advancing the Dominican Republic’s port infrastructure. President Daniel Noboa called for “a more balanced and just international system that strengthens multilateral cooperation and the role of middle-power states.”
Team V.4-EM-UAE
