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Latin America set for growth

Speaking at the Global Financial Summit being held at Atlantis Paradise Island this week, chief executive officer of the Mexico Business Forum Roberto Salinas said that Latin America offered many opportunities for productive investment. The summit runs until 4 February. 

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TheBahamasInvestor.com
Friday, February 3, 2012
Friday, February 3, 2012

Latin American countries have the potential to significantly contribute to the wealth of emerging markets, according to president and chief executive officer of the Mexico Business Forum Roberto Salinas.

Speaking at the Global Financial Summit, being held at Atlantis Paradise Island this week, Salinas said both Chile and Colombia were “rising superstars” in terms of productive investment and that Mexico was also set for growth with a rising middle class.


Countries such as China and India are also looking to Latin America to fulfill demand for commodities, he added.

“There has been a tremendous adjustment in supply and demand worldwide,” he explained. “There has been enormous demand for commodities benefitting Latin America.”

“Mexico does have the opportunity to become a major player in the emerging markets. I would be optimistic about a place like Mexico.”

If the country were to overcome challenges such as corruption and organized crime, it could contribute significantly to Latin America’s wealth, according to Salinas.

The Global Financial Summit runs Feb 2-4 and takes the form of panel discussions, speeches and workshops.

The "free market alternative to Davos" opens in The Bahamas with experts debating the best course of action in the current economic climate. The summit runs until February 4.

Two-day International Business and Finance Summit gets underway in Abaco, with the Minister of State in the Ministry of Finance urging "efficiency" among wealth managers.

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