The geopolitical future of Latin America and Peru has begun to transform, as stated by Francisco Cerezo, managing partner of DLA Piper’s United States and Latin America Practice, during the event ‘Peru and the Broader Americas amid Geopolitical Reconfiguration’, where he analyzed the main factors that are redefining the economic and strategic order of the region in the face of global changes.
According to Cerezo, this reconfiguration responds to an evolution that has been brewing for several years and that today marks a turning point for international trade, investments and security policies. “Global trade is no longer defined solely by economic profitability. It now includes components of national security, strategic stability and technological sovereignty,” explained the specialist.
It is at that point where Cerezo shares four key moments that explain why the geopolitical future of Latin America is changing:
- A sustained evolution in American politics: The change does not arise from a single administration, but from a process that began at the end of the George W. Bush administration, continued under Barack Obama and Joe Biden, and is now deepening under a new administration. “Many think that this policy was born with Donald Trump, but it is a long-term process that has accelerated and become more aggressive in recent years,” Cerezo said.
- Recognition of the strategic error with China: After the fall of the Soviet Union, the United States promoted an open economic model that integrated China into global trade. However, over time, the country recognized that this decision allowed the Asian giant to grow stronger until it challenged American leadership. “National security agencies understood that the Chinese challenge was not only economic, but structural. China declared its intention to become the largest economic power in the world, and that forced Washington to reformulate its foreign policy,” he explained.
- National security as the axis of international trade: Global trade is no longer based solely on economic benefits, but on security considerations. Strategic investments, supply chains and technology have become geopolitical factors.
- Latin America and Peru facing the challenge of adapting: In this new context, Latin America—and especially Peru—must redefine its role on the world stage. “Our region must understand that the impact of this transformation goes far beyond tariffs. Factors such as technological regulation, logistics or investment in strategic sectors will determine its competitiveness,” Cerezo commented.
On the other hand, Ignacio Sanchez, managing partner of the Global Geopolitical Risk practice, who also participated in the discussion, added that “Peru has the opportunity to reposition itself as a regional strategic partner, if it adapts its investment, innovation and productive development policies to new global demands.”
Latin America can play a decisive role in this new order if it acts with vision and anticipation. The convergence between economy and security is redefining globalization, and our region must take advantage of this situation to strengthen its international presence.
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