| Latin America, once as riddled with tariff barriers as it is with rivers, mountains and jungles, is about to claim global trade’s starring role. The race to head the World Trade Organisation (WTO) is now down to a Mexican and a Brazilian. Their candidacies highlight a schism that splits the region down the middle.
In terms of competence there is probably little to separate Herminio Blanco, the Mexican, from his Brazilian rival, Roberto Azevêdo. Mr Blanco casts himself as an outsider, who proved his credentials when he negotiated Mexico’s entry into the North American Free-Trade Agreement (NAFTA) in 1994. Mr Azevêdo has been Brazil’s ambassador to the WTO since 2008, which he says has given him a ringside seat on its problems...............................................Full Article: Source
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