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.