Overview Of Latin American Business Etiquette

The education level of the citizens of Latin American countries is relatively low, and there are not many talents who can manage their business. Therefore, Latin America must be able to discuss business with people in charge of management. Latin America has a lot of vacations. Often in negotiations, people who have come to negotiate with each other will suddenly ask for leave, and negotiations will be suspended until they come back from their vacation. Latin American businessmen are very relaxed and cheerful when compared with the agile North Americans.

When negotiating with Latin American businessmen, they often hear them say, "do it tomorrow," but this is still the phrase until tomorrow. Because of this situation, there are great emotional components in negotiations. But if they become friends, they will give priority to them. Colleagues will also take care of the requirements of their clients, so that negotiations can be carried out smoothly.

Therefore, in Latin America, the attitude of negotiation is to be considerate and sincere, and relentless will not be suitable for the atmosphere of negotiation there. However, in recent years, business educated people have increased rapidly, so this business environment is gradually changing.

Latin America has a low level of industry, and entrepreneurs have low awareness of their business, and their working hours are generally short and slack. Because of climate, we get up late in the morning and have a nap after lunch. The rest time is usually from 12 to 3 p.m., and the bank doesn't open until 12 noon, and it closes at 3 p.m.

And because Financial circles The level of knowledge is high, and strikes often take place for a month. During this period, financial activities also pause. This is a factor we must consider when we trade with Latin American countries.

Latin American countries often become less responsible because of their leisure. In business activities, non-compliance with payment dates is a frequent occurrence and is not sensitive to the time value of finance. There are also letters of credit in Latin American businessmen who engage in international trade. payment The idea is very thin, and even businessmen want to pay by cheque with domestic transactions. Some people simply do not understand the practice of formal trade in international trade. In Latin American trade, the US dollar is the main currency, and the black market of the US dollar is a common phenomenon in Latin America.

　　 Latin American countries In addition to Brazil, Argentina and Columbia, the import license is strictly censorship. Therefore, if you do not confirm whether you have obtained the license, do not start organizing production so as not to be caught in a dilemma.

In Latin America, the coup was a frequent occurrence. Because of its frequent occurrence, there was a coup and no disturbance, and the streets were still quiet. The coup has little impact on general business, and only involves government transactions.