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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (97284)12/22/2012 11:50:03 AM
From: elmatador  Respond to of 219995
 
Gulf states need other kind of security. Further food security investments in South America’s wide open spaces are an obvious attraction for Gulf states, which are also a potential source of funds for badly needed infrastructure building deals around the continent.

Wise move. Send the petrodollars for food security instead of buying weapons.

Gulf states to build Latin America links

By Michael Peel

Gulf states have built modest but growing ties with Latin American countries, in an emerging economy powerplay that supporters hope will exploit shared commercial goals and complement both blocs’ existing links to Asia.

Big Arab petro-state wealth funds have already taken stakes in leading South American companies, with the two regions sharing interests in areas such as energy, infrastructure and food security.

“The two regions are emerging regions that are opening up to the world,” said Hassan Abdel Rahman, executive director of the Arab-Latin American Forum, a non-governmental group that promotes the relationship between the two blocs. “The Arab world doesn’t know Latin America – and Latin America doesn’t know the Arab world.”Arab and Latin American countries gathered in October in Peru for their third inter-regional summit in seven years, the latest stage of an official embrace that dates back at least to the founding of the Opec oil cartel in 1960 but has been slow to develop.

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