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IDB-IIC Annual Meeting 2015 Creates Foothold for Korea’s IT Convergence Technology to Enter Latin American Market
ECLAC prepared a new publication to coincide with a visit by the Asian country’s President to several nations in the region.
(April 22, 2015) The investment and trade ties between Latin America and the Caribbean and the Republic of Korea have grown stronger in recent years, according to a new publication by ECLAC released today in Santiago, Chile.
According to the study, the Republic of Korea has become a significant source of foreign direct investment (FDI) for the region, even surpassing China between 2000 and 2011.
Between 2003 and 2012, the FDI flows originating in that Asian country grew from $4 billion to $27 billion dollars, concentrated mainly in Brazil and Mexico and especially in the manufacturing industry.
(For more details, please follow the link).
- Fuente: KOTRA