As a result of the global economic slowdown brought upon by the international financial crisis, it is more important than ever to improve the trade dialogue between Latin America and Caribbean (LAC) and Southeast Asia (SEA) and in so doing work towards diversifying export destinations for both regions. In order to facilitate trade negotiation, it is essential to develop cooperation amongst academic institutions from both LAC and Southeast Asia to effectively analyze trade trends, tariff barriers, and rules of origin. Moreover, such academic partnerships create the knowledge exchange necessary for promoting new channels for trade and investment initiatives across the two regions. For the past two decades the numbers of foreign investment and free trade agreements (FTAs) have proliferated in Latin America and Caribbean region. Despite recent efforts and the progress that have been made there is still enormous potential for closer collaboration between South East Asia (SEA) and Latin America to maximize inter-regional synergy for expanding the economic relations between the two regions through enhanced inter-regional linkages. The University of the Thai Chamber of Commerce (UTCC), the Thai Chamber of Commerce and Inter-American Development Bank (IDB) jointly embark on a strategic action plan in order to enhance trade and investment and to improve the exchange of knowledge and best practices between LAC-SEA countries.