More than 350 participants from Latin America, the Caribbean, and Europe reflected on the evolution of the free trade zone model and the challenges that will shape its future, within the framework of the XXVIII Ibero-American Free Trade Zone Conference , held in Punta del Este, Uruguay

The event addressed the main challenges and opportunities for the future of free trade zones, such as innovation, digitalization and Artificial Intelligence (AI), new trends in international trade and nearshoring , key factors for attracting investment and maintaining competitiveness, sustainability and energy efficiency, as well as the development of specialized talent.

Among the conclusions highlighted was the need to consolidate free trade zones as platforms for innovation and digitalization, as well as the fact that attracting investment will depend on regulatory stability , technological infrastructure, and specialized talent. Sustainability is positioned as a strategic pillar, while public-private partnerships will be key for long-term policies.

The networking sessions held during the event fostered new partnerships and business opportunities among attendees. Technical visits to Uruguayan free trade zones showcased management models and practices that solidify their position as regional leaders.

The meeting stemmed from the collaboration between the  Free Trade Zone Association of the Americas (AZFA)  and  the Uruguayan Free Trade Zone Chamber .  This coordination enabled the development of a robust and relevant agenda in response to global trends impacting the sector .

During the Members’ Assembly, progress reports for the year and the 2026 Work Plan , focused on high-impact strategic projects, were presented, and the new Board of Directors for 2025–2026 was elected. It was also announced that Costa Rica will host the AZFA 2027 Conference.

The opening of this edition of the Ibero-American Free Trade Zone Conference was led by the President of Uruguay, Yamandú Orsi, accompanied by national and regional authorities, including the Vice President of Guatemala, Karin Herrera. Their participation reaffirmed the key role of free trade zones as an engine of economic development, investment attraction, and job creation in Ibero-America .

The meeting paid tribute to Johnny Fernández, a founding member who announced his retirement. The 29th Ibero-American Free Trade Zone Conference will be held in Cádiz, Spain, in October 2026.

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