Spotlight on Latin America in Davos.

PositionWorld Economic Forum - Brief article

OAS SECRETARY General Jose Miguel Insulza participated in several panel discussions at the World Economic Forum's annual gathering of political, academic, and business leaders held in Davos, Switzerland, this past January.

In one session called "Latin America Broadens its Horizons," Insulza along with the presidents of Brazil, Luiz Inacio Lula da Silva, and Mexico, Felipe Calderon, offered their perspectives on the economic and democratic progress achieved in the region in the past year.

Insulza pointed out that the number of people living in extreme poverty in the hemisphere has decreased from 98 to 79 million, adding that "we are definitely on the right path, and the important thing is to continue moving forward."

President Lula da Silva shared Insulza's optimism, noting that "trade relations in Latin America have grown, at an average of 30 percent per year in South America, and they have grown in a very substantial way in all countries...

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