European Businesses Seek Investments from South America

European business leaders recently convened with their Latin American counterparts in Chile in hopes of boosting investment in the region. The gathering was held on day before the first summit of the European Union with CELAC. The event will welcome over forty national leaders, including Cuba’s Raul Castro and Germany’s Angela Merkel.

Speaking to a crowd of hundreds of entrepreneurs and business leaders, Spanish Prime Minister Mariano Rajoy stated: “There’s an enormous potential to intensify the investment flow from the region to Europe. Spain can play an important role as a natural entry point for Latin American companies to the European market.”

Eamon Gilmore, Irish Foreign Minister, joined Rajoy on the stage. He emphasized his “young, highly educated, ambitious workforce,” adding that Ireland’s current unemployment situation presents investors with a unique opportunity thanks to the “availability of skilled labor.”