Pedro Pablo Kuczynski resigned as president of Peru on March 23, after videos revealed his attempts to bribe political opposition members ahead of a vote on his impeachment. The former investment banker was involved with two financial firms that had alleged contacts with Odebrecht, the infamously corrupt Brazilian construction company.
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Whoever assumes the leadership mantle in the May 2025 election should look closely at Bouterse’s example, both the good and the bad; there is decidedly something that can be learned from it.
While uncertainty over the deal’s ratification still looms large, there is growing momentum on both sides of the Atlantic, sparking cautious optimism about its future.
With right-left polarization amongst the region’s politicians, and growing U.S.-China competition among its economies, Latin America’s most likely response to any U.S. trade actions will be further intra-regional conflict and division.
