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Brazil Property News: Emerging nations 'will set pace'
27th October 2008 07:00
Emerging nations set the pace of global trade, it has been claimed by the King of Jordan.
King Abdullah II maintains developing countries can play an "extraordinary role" and are shaping the future for the expansion of the world's economy, it is reported by the Brazil Arab News Agency.
People considering buying property in Brazil could be interested to hear the news which suggests the Latin American nation could become a major global player.
Speaking in front of delegates at the opening of the Brazil-Jordan Trade Forum in Sao Paulo, King Abdullah II is quoted by the ANBA as saying: "As fast as global trade may grow, south-south trade grows even faster. A growing share of foreign investment by developing countries is injected into other developing economies."
The monarch added that while developed nations still control most of the world's trade and investment, all continents are waiting for the fulfilment of the promise that global opportunities hold.
Meanwhile, the news agency reported last week that King Abdullah II said Brazil is a leading country and a template for success.
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