The high level of foreign investment in Brazil in 2007 prompted the country to become the 9th main destination for foreign investment in the world, against being the 12th in 2006. In 2007 Brazil also overtook Mexico as the most attractive destination for foreign investors in in Latin America. The information was released by the United Nations Conference on Trade and Development (Unctad).
According to Unctad, Brazil has overtaken Mexico, Turkey, Singapore and Russia and is now in the group of the ten countries that received the largest foreign investment volume in 2007.
Direct foreign investment in Brazil totaled $37US.4 billion in 2007, compared to Mexico's $36US.7 billion. In 2006, Mexico had received $19US billin and Brazil $18US.8 billion.Gazeta Mercantil
