With the recent formalisation of the Regional Comprehensive Economic Partnership (RCEP), Latin America and the Caribbean (LAC) has the opportunity to access the world's largest economic bloc. It is an opportunity and an alternative for LAC blocs to coordinate and use this new market as a catapult for recovery from the COVID-19 crisis.
However, in the two centuries of LAC's history, repeated efforts at economic integration and multilateral cooperation have failed to materialise into a project. Integration has been truncated by a combination of internal factors such as the conflict between the primary-export and industrial sectors and the principle of due obedience that obliges Pan-Americanism.
Ecuador is the most recent example of US interference in the internal politics of the region's countries.