Tag: Alicia Bárcena IbarraAlicia Bárcena Ibarra
Latin America and the Caribbean will experience stronger economic growth, despite ongoing uncertainties at international level (particularly difficulties faced by Europe, the United States and China), according to new estimates released Tuesday in Santiago de Chile, by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
According to the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization (ILO), labour markets in Latin America and the Caribbean were fairly resilient to the slowdown in the regional economy in the first half of 2012, which bodes well for a positive outcome in this year's employment and unemployment indicators.
China has offered to set up a 10 billion dollars credit line for Latin American countries to support infrastructure projects in the region. The proposal was made by China's Premier Wen Jiabao as he wrapped up his visit to the region with a conference at the UN Economic Commission for Latin America and Caribbean, ECLAC, main offices in Santiago de Chile.
The potential of India for Latinamerican exports and investment opportunities was underscored during the presentation of a report “India and Latin America and the Caribbean, opportunities and challenges in trade and investment relations” sponsored by the UN Economic Commission for Latin America and the Caribbean, ECLAC.
The Executive Secretary from the UN Economic Commission for Latinamerica and the Caribbean, ECLAC, Alicia Barcena said that the European crisis is beginning to be felt but nevertheless growth in the region will continue this year and in the coming twelve months at levels above 3.5%.
European Union and Latin American leaders called for a quicker pace in concluding the EU/Mercosur cooperation and trade negotiations. The statement took place during the meeting in Brussels of the Euro-Latinamerica Parliamentary assembly.
European and Latinamerican leaders agreed in Brussels that the two continents should continue to strengthen links in spite of the serious financial and economic situation facing the European Union.
In spite of global financial volatility during the first half of 2011, foreign direct investment (FDI) in Latin America and the Caribbean continued to grow maintaining the 2010 trend, according to a Tuesday release from the UN Economic Commission for Latin America and the Caribbean, ECLAC, in Santiago de Chile.
The value of goods exported from Latin America and the Caribbean will grow by 27% in 2011, which is similar to that of last year according to a report presented in Santiago, Chile, by the Economic Commission for Latin America and the Caribbean (ECLAC).
The United Nations Economic Commission for Latin America and the Caribbean, ECLAC, held a ceremony in its Santiago de Chile headquarters to honour Enrique Iglesias, the Uruguayan economist who was executive secretary of the commission from 1972 to 1985 and is currently, Secretary-General of the Ibero-American Secretariat.