Wednesday, January 29, 2014

UN states that Foreign Direct Investment flows to Caribbean reaches new high

In their report, the UN Conference on Trade and Development (UNCTAD) said that foreign direct investment (FDI) to the Caribbean reached a new high last year. The report goes on to point out that flows to Latin America and the Caribbean increased by 18 per cent, the fourth consecutive year of growth, to an estimated US$294 billion.

According to the report,“While in previous years growth was largely driven by South America, in 2013 Central America and the Caribbean were the main

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