Global Europe - European Policy Summit
EU-Latin America relations: Turning investment into opportunity
In spite of the global slowdown and the eurozone’s sovereign debt woes, European investors are still being attracted in record numbers by Latin American economies’ booming performances. The dynamic effects of Mercosur have seen cross-border trade between its member countries increase tenfold in less than two decades, representing an average accumulated annual growth rate of 15%. Overall economic performance has also defied the global slowdown, with the Latin American and Caribbean economies growing by almost 6% in 2010 and some 4.4% in 2011. Latin American countries’ natural resources are the envy of many and the investment successes of a comparative few. What are the strategic production industries that European and Latin American internationalised SMEs with proven expertise should be identifying for their 21st Century growth strategies?
The event is financed by the AL-INVEST IV Programme¹.
¹ The AL-INVEST IV Programme, financed by the EU, is a European Commission initiative which aims to support the internationalisation of Latin American SMEs, in collaboration with European business organisations, in order to reinforce social cohesion in the region. The AL-INVEST IV Coordination and Services Consortium led by EUROCHAMBRES provides the Latin American partners with technical and horizontal services.