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Trade

Several firms in Ecuador’s first diversified payment rights programme

Hogan Lovells LLP in New York and Ferrere (Ecuador) have helped Ecuador’s Banco del Pacífico set up the country’s first-ever securitisation programme for diversified payment rights.

CFE issues bonds in Taiwan and Luxembourg for US$900 million

Argentina’s Genneia issues green bonds

Features

A reformed Mercosur? Don’t hold your breath

The governments of Mercosur’s member states have been vocal advocates of modernising the restrictive economic alliance. Esteban Rópolo of Baker McKenzie (Argentina) and Marcelle Silbiger of Trench Rossi Watanabe in Brazil explain what stands in the way.

NAFTA 2.0?

The United States, Mexico and Canada signed a free trade agreement on 30 November 2018, replacing the existing 24-year-old North American Free Trade Agreement (NAFTA) in place between the three countries. Hogan Lovells LLP partner Chandri Navarro asks whether the US–Mexico–Canada Agreement (USMCA) really represents a significant change in the trade relationship between the three countries.