Puerto Rico - Dr. José Raúl Perales
In this second episode, we discuss Puerto Rico with Dr. José Raúl Perales, Deputy Director of the Global Alliance for Trade Facilitation. 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.
