Latin American Economic Perspectives with Special Reference to Finnish Interests and Opportunities

In the 1990's, economic conditions have become substantially better in South America. Many countries in the region have opened their trade policies and privatized their economies. The prospects for growth during the next decade appear encouraging. This, however, will require national and foreign investments beyond current levels. Both the European Union countries and Latin America are implementing measures to increase their mutual economic relations. Finland, like the rest of the EU countries can turn what were previously regarded as marginal economic relations with Latin America into profitable operations. Interviews in Finnish companies and conversations with people from various fields in Latin America showed that there is a growing interest towards expanding economic relations. There is, however, a need for more information on the economic opportunities for Finland and Latin America.