Europe wants a more ambitious agreement with Latin America to ensure the protection of investments in the region.
"The European Union would like to have "more ambitious" protection of foreign investment in Latin America as expressed in the last summit meeting with the Community of Latin American and Caribbean States (CELAC), said the EU representative in Uruguay, the Spaniard Juan Fernández Trigo ", noted an article in Economía.elpaís.com.
In Guatemala investment is between 16% and 17% of gross domestic product, in Southeast Asia, the figure is between 25% and 35%.
Elperiodico.com.gt reports that a group of experts met last week in this country to discuss how to foster Guatemala’s growth. The analysis of the issue carried out by a member of The Growth Dialogue think tank can be extrapolated to most Central American countries.
The countries analyzed cooperation possibilities in health, tourism and public infrastructure.
Samuel Santos, Nicaraguan Chancellor, met with Ezza Saad, Egypt’s Foreign Relations vice minister and offered the African country legal certainties and economic advantages for investing in the Central American nation.
At the meeting, they also discussed other cooperation possibilities in the medium term, such as the pharmaceutical industry, tourism, infrastructure, culture, public infrastructure, diplomacy and technical cooperation.