From the Newsroom
São Paulo – Foreign direct investment in Latin America and the Caribbean drops for the fourth year running. The inflow last year totalled just US$ 49 billion, a value way below the US$ 109 billion of 1999. These figures were supplied yesterday (13), at the 11th United Nations Conference on Trade and Development (Unctad) as part of the 2004 World Investment Report. According to the document, direct investment in the region dropped 4% last year as against 2002. Of the 40 countries studied, 18 suffered reductions in the investment volume in the period.