Geneva, Jan 24 (Prensa Latina) Direct foreign investments in Latin America and the Caribbean increased more in 2011 than in other regions of the world, highlighted the United Nations Conference on Trade and Development (Unctad) on Tuesday.
In its report of World Investment Trends, the Unctad said that foreign investments increased 34.6 percent up to more than $216 billion USD.
Brazil, Colombia, and Chile registered the main increases, while Argentina and Mexico reported backward steps.
Unctad said that foreign investors chiefly treasure the attraction of the South American natural resources.
Direct foreign investments worldwide increased 17 percent in 2011, by $1.51 billion USD.
Courtesy of Prensa Latina
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