United Nations
Foreign direct investment
Transnational companies are responsible for a significant proportion of the production of advanced goods, investment in technological research and development and international trade. Despite playing an important role in the region’s exports and production of advanced consumer durables, they contribute little to job creation and can cause balance-of-payments problems in some countries, because of their profit remittances abroad. The region must shift the focus of FDI attraction policies towards sectors that contribute to structural change and reduce external sector pressures.
Activities
Building Economic Resilience—Japan’s Evolving Approach to Engagement with Latin America
How is Japanese engagement with the region evolving to accommodate shifting global and regional conditions? What are the possibilities for enhanced Japan-Latin America cooperation on issues of shared concern, including food security, economic resilience, and the integrity of democratic institutions? In what sectors and countries has Japan’s involvement been most supportive of Latin America’s economic and political objectives to date, and can these examples be replicated in other parts of the region?
Second High-Level China-Latin America Investment and Cooperation Forum
The Second High-Level China-Latin America Investment and Cooperation Forum, organized jointly by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), the Development Bank of Latin America (CAF) and the Ministry of Finance of the People's Republic of China, will be held at ECLAC headquarters in Santiago, Chile on October 16, 2019.
News
Authorities and Experts Call for Joint Efforts to Align Trade Policies with Sustainability Goals
During a high-level conference held at ECLAC, trade and sustainability thought leaders from across Latin America came together to advocate for a strengthened international trade system and better alignment of global commerce with the world community’s commitment to sustainable development. A number of speakers emphasized the value of cooperation on ideas to remake the trade system to be fit for purpose, especially in times of crisis such as the present.
ECLAC: Foreign Direct Investment in Latin America and the Caribbean Fell by 9.9% in 2023, but Amount Received is Above the Average in the Last Decade
To promote FDI’s positive effects on the region’s economies, a new report proposes a series of guidelines for formulating and strengthening policies to attract investment and for building territorial strategies integrated into productive development policies.
ECLAC Will Present Updated Figures on Foreign Direct Investment in Latin America and the Caribbean and Proposals for Increasing It
José Manuel Salazar-Xirinachs, the United Nations regional organization’s Executive Secretary, will lead the launch of a new edition of this annual report on Thursday, August 1, 2024.
Productive Development Policies are Key to a Better Production and Work Future and to Fostering Economies’ Global Integration
ECLAC’s Executive Secretary, José Manuel Salazar-Xirinachs, participated in the “Dialogues on Uruguay’s Future,” where he stressed the need to escalate productive development policies and focus efforts on dynamic sectors to increase growth in the region’s countries and make it more sustainable and inclusive.
