IBA Annual Conference Mexico City 2024
15 Sep - 20 Sep 2024
Session information
Nearshoring multinationals in a deglobalising world: challenges, strategies, new protectionism barriers, subsidies control, ESG in supply chain and more
Monday 16 September (1115 - 1230)
Committee(s)
Corporate Law Section
(Lead)
Banking & Financial Law Committee
Business Human Rights Committee
Closely Held Companies Committee
Corporate and M&A Law Committee
International Trade and Customs Law Committee
Description
This session will discuss the impacts of nearshoring and how it can affect companies worldwide and their businesses. Nearshoring became a key corporate strategy, with many companies giving priority to risk management over cost-effectiveness in their supply chains. Speakers from different jurisdictions will give their views and perspectives on the global nearshoring trend that is affecting many countries, including China as the world’s largest manufacturing base, and how it might bring many opportunities to Latin American countries. This session will discuss the potential shift of many companies to other countries diversifying supply chains depending on the industries. The panel will also discuss environmental, social and governance (ESG) considerations and geopolitical risks in investment decision making in connection with the shift in supply-chain strategies.