Latin America trading with US 'robust'
Brought to you by Emerging Earth, at the forefront of International property investment.
Robust growth in trading between Latin America and the US has been credited for bolstering Florida's economy through the financial turmoil affecting the US, according to the Sun Sentinel.
The newspaper highlighted that Venezuela is now South Florida's third biggest trading partner.
Latin America is becoming an increasingly important trading partner for companies in the US and Europe, according to the Latin Business Chronicle.
The journal recently reported that in an analysis of 27 multinationals, 14 showed their strongest growth in the Latin American region.
Jeff Fetig, the chairman and chief executive officer of Whirlpool, told the news provider: "We saw record performance in our international businesses led by Latin America and Asia."
Over the last four years, an average of $61 billion (£31 billion) of foreign direct investment has been invested in Latin America, according to the weekly journal New Europe.
This comes just after trade talks between the European Union, Latin America and the Caribbean took place in Lima last weekend.
Related News Article