The Ibero-American Trade Council (CCI) is an initiative that seeks to strengthen economic and commercial integration among the countries of Ibero-America, promoting business development, investment and cooperation between the private sector and governments in the region and around the world.
Its objective is to consolidate its position as a leading organization in the region, promoting economic development, trade integration and business cooperation among Ibero-American countries. ITC's objectives are divided into three main strategic areas:
regional integration
• trade promotion • sustainable development
In 2021, the combined Gross Domestic Product (GDP) of Ibero-American countries accounted for approximately 8.6% of global GDP. This highlights the region's significant economic presence in the global arena. In 2024, Brazil and Mexico were projected to be the countries with the highest GDP in Latin America and the Caribbean, with an estimated GDP of US$2.4 trillion for Brazil and almost US$2 trillion for Mexico. Despite these figures, the region faces challenges such as lower growth rates compared to previous years.
306 / 5.000 Promote economic and trade cooperation: Promote bilateral and multilateral agreements between Ibero-American countries to facilitate trade and investment. Reduce trade barriers: Advocate for the elimination of customs, tariff and regulatory barriers between member countries.
Strengthening SMEs: Develop support programs for small and medium-sized enterprises, improving their export capacity and access to financing. Promoting digital trade: Encouraging the adoption of digital technologies in business processes and internationalization through electronic commerce.
Integrate sustainable practices: Promote the implementation of environmentally responsible and socially inclusive business models. Circular economy: Encourage companies to adopt circular economy principles in their production and distribution processes.
Represent Ibero-America in international forums: Act as the main interlocutor on trade issues at a global level. Promote the Ibero-American brand: Position the region as a competitive and attractive trade bloc for foreign direct investment.
Develop training programs: Create initiatives to train entrepreneurs and business owners in foreign trade, finance, marketing and sustainability. Promote academic exchange: Establish alliances with universities and training centers to promote studies related to international trade and the Ibero-American economy.
In 2024, Brazil and Mexico were projected to be the countries with the largest GDP in Latin America and the Caribbean, with an estimated GDP of US$2.4 trillion for Brazil and almost US$2 trillion for Mexico. Despite these figures, the region faces challenges such as lower growth rates compared to previous years.
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