WEF to conduct roundtable on Latin America during April 5-6
04 Apr '06
2 min read
The roundtable is Co-Chaired by Jorge Gerdau Johannpeter, President and Chief Executive Officer, Gerdau, Brazil, and Luis A. Moreno, President, Inter-American Development Bank, Washington DC. Regional integration is crucial for a prosperous future, Mr Moreno told the World Economic Forum in an interview.
"The dollar GDP of Latin America is about US$ 2.2 trillion — 20 percent more than China and nearly three times that of India, and our region includes countries with a great diversity and wealth of resources and capabilities. I believe that in order to compete globally we have to pool our strengths and our scale through better infrastructure, deeper regional agreements and stronger supra-national institutions," Moreno said.