The Singapore Business Federation (SBF) convened its second LATAM Conference on 31 July, drawing over 180 participants, including government officials and business leaders from Singapore and Latin America. Themed ‘Destino LATAM: First Foray to Fortune’, the conference aimed to explore emerging business opportunities in the Latin American region, focusing on strategies to leverage recent developments such as free trade agreements.
Minister of State for Trade and Industry, Alvin Tan, attended as Guest-of-Honour, reaffirming the government’s commitment to fostering trade and investment flows into Latin America. The conference featured a panel on ‘Economic Diversification and Integration through LATAM’, which examined how businesses can effectively localise and tap into the strengths of 33 Latin American markets.
Participants engaged in breakout sessions that provided practical guidance on advanced manufacturing, energy and automation technologies, and supply chain logistics. These sessions also addressed navigating regulatory and legal frameworks in key Latin American markets.
SBF Chairman S S Teo emphasised the importance of strategic engagement in Latin America, stating, “Latin America is a dynamic and promising market for companies that are prepared and committed to engage strategically.” The conference, supported by over 15 Trade Associations and Chambers and 11 embassies, aimed to help companies build partnerships and navigate the complexities of operating in the region.
SBF will continue to support Singapore companies through its Latin America Business Group and GlobalConnect@SBF initiative, having facilitated over 140 advisories to businesses interested in the region over the past three years.
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