Rio Times · Analysis

Key Facts

—The Hook ECLAC’s High-level Commission, co-chaired by Michelle Bachelet and Iván Duque, launched its flagship report, ‘Ruptures and Opportunities’, on navigating the new geopolitical era in Santiago on Tuesday 4 August.

—The Core Argument The report frames Latin America not as a passive bystander but as an actor capable of carving out agency amid the fragmentation of globalisation and intensifying US-China competition.

—Great-Power Context The proposals land just as the US seeks a geoeconomic reset via Venezuela, China deepens its Belt and Road footprint, and Europe rushes to sign stalled trade pacts like the EU-Mercosur deal.