Latin America
In Germany the growing focus of politics and business is Latin America. The German federal government introduced a Latin American and Caribbean concept in August 2010, on which the Latin American Initiative of the German economy collaborated.
To German industry, Brazil is a versatile economy with high growth rates.
The importance of Brazil within the global economy has increased.
Increased focus on the region is well justified; Latin Americahas weathered the international financial and economic crisismuch better than Europe or the USA.