AGP Executive Report
Last update: 7 hours agoVenezuela Energy Openness: BP, with Abu Dhabi’s XRG and Qatar’s UCC, won the Loran Phase 2 offshore gas licence, a move seen as another signal that Venezuela’s post-Maduro energy opening is accelerating. Trade & Tariffs: Mexico asked the US in USMCA talks for a discount on the 25% car tariff on Mexican-made vehicles and more flexibility on steel duties, as Washington pushes a tighter, sector-by-sector review. Logistics & Ports: DP World marked 20 years at Peru’s Callao port, investing about $1B and lifting capacity and productivity, with the terminal now handling ~60% of Peru’s containerized cargo. Shipping Outlook: Maersk raised 2026 guidance after stronger Asian exports and higher ocean freight rates, while noting uneven trade flows including growth into Latin America. Digital Finance: Western Union secured commitments to keep remittance services and cap fee hikes in New York after its Intermex acquisition. Investment Climate: Taiwan and St. Vincent and the Grenadines held a trade-and-investment seminar, highlighting Taipei’s push to deepen links with Latin America and the Caribbean. Tourism Product: Pope Leo XIV’s Peru visit is being pitched as a longer-term pilgrimage route that could spread visitor spending beyond Lima. Corporate Results: Votorantim Cimentos reported 2Q26 revenue growth and higher EBITDA, alongside a continued capex push.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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