{
  "id": 16852678,
  "title": "Latin America gains commercial ground with Asia as a counterweight to ties with the United States",
  "url": "https://urgent.news/2026/10/28/latinoamerica-gana-terreno-comercial-con-asia-como-contrapeso-al",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-28T04:45:01.000Z",
  "source": {
    "name": "El Pais Economia",
    "slug": "el-pais-economia",
    "url": "https://elpais.com/economia/2026-10-28/latinoamerica-gana-terreno-comercial-con-asia-como-contrapeso-al-vinculo-con-estados-unidos.html"
  },
  "original_language": "es",
  "account": "Latinoamérica is a continent marked by great diversity, reflected in the numerous trade agreements in the region. Both the CEOE and the powerful business lobby on the other side of the Atlantic, CEIB, have compiled a report mapping the commercial ties since the EU-Mercosur agreement came into force. The picture reveals fragmented relationships, a patchwork of regulations, but also an effort by the countries in the zone to reduce their dependence on the U.S. market. Asia is gaining prominence, with five nations - Chile, Peru, Costa Rica, Ecuador, and Nicaragua - having free trade agreements with China, and Honduras having a close relationship. Other jurisdictions, such as South Korea or Singapore, are also helping the continent look toward the Pacific through multiple trade deals, some still under negotiation. This report detailing these trends was prepared for the Ibero-American business summit taking place in Madrid on November 3-4.",
  "summary": "The EU treaty with Mercosur is making its way through the continent's regulatory chaos, according to a report by CEOE and CEIB, the region's main employers' organization.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "El Pais Economia",
        "title": "Ferrovial grows 7.1% in sales and gains profitability with the pull of highways in the United States",
        "url": "https://urgent.news/2026/10/27/ferrovial-crece-un-7-1-en-ventas-y-gana-rentabilidad-con-el-tiron-de",
        "published": "2026-10-27T21:13:14.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}