In episode #2 we are joined by Dr. José Raúl Perales, Deputy Director of the Global Alliance for Trade Facilitation as we discuss Puerto Rico. We cover:
Puerto Rico’s political status as an unincorporated U.S. territory, and how that impacts the island’s international role.
Puerto Rico’s storied role as a manufacturing platform for U.S. companies, especially for the pharma sector.
How concerns over supply-chain security and overdependence on China may give Puerto Rico an opportunity to attract some manufacturing back.
Industry-specific opportunities in Puerto Rico, for example, business services such as phytosanitary certification for Latin American companies.
Possible obstacles Puerto Rico might face as it tries to become a manufacturing powerhouse once again, such as energy and transport concerns.
How Puerto Rico could form win-win partnerships with other U.S. jurisdiction, such as joint branding of “Made in the USA” products.