Good Neighbor Policy

The Good Neighbor policy was the foreign policy of the administration of United States President Franklin Roosevelt toward the countries of Latin America. Its main principle was that of non-intervention and non-interference in the domestic affairs of Latin America. It also reinforced the idea that the United States would be a “good neighbor” and engage in reciprocal exchanges with Latin American countries. Overall, the Roosevelt administration expected that this new policy would create new economic opportunities in the form of reciprocal trade agreements and reassert the influence of the United States in Latin America, however many Latin American governments were not convinced.