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The wave of economic integration among the nations of the Western Hemisphere through the establishment of NAFTA and MERCOSUR has led to stronger economic and political ties between the U.S. and Latin America than at any other time in history. As economic and political relations are strengthened, security ties between the U.S. and the Western Hemisphere will deepen as well which will provide a positive environment for U.S. firms in the dual-use and defense related sectors. The Western Hemisphere Diversification and Defense Market Guide is intended to provide current information to U.S. firms interested in dual-use and/or defense trade opportunities in this emerging and increasingly diversified region. Section 1, Getting Started, provides important information concerning U.S. Government policies and organizations involved in trade with the region This section includes guidance provided in the Defense Department's Selling to the Allies publication. Section II, Country Profiles, provides specific information about selected Latin American nations and includes the following topic areas: The Overview section provides a brief description of each nation's economy, including growth rates and the government's economic development plans, where available. This section provides a concise picture of the macro-economic situation in each country. The Defense Industry Environment section consists of a brief discussion of each nation's defense budget, the armed forces' defense plan, and the structure of the domestic defense industry. This section also provides information, where available, regarding foreign suppliers in order to assess the competitive environment within the defense market.
The end of the Cold War and the resulting reductions in defense spending have presented many challenges for U.S. industry. The Department of Commerce, through the Bureau of Export Administration, has developed a comprehensive national defense diversification program to provide assistance to U.S. industry in this period of transition Providing current market information on commercial and defense business opportunities abroad is an important component of our defense diversification program. This information should assist U.S. firms in their market and production diversification efforts. Therefore, I am pleased to introduce the Middle East Diversification and Defense Market Assessment Guide.