Uruguay became the 50th adherent to the OECD Declaration on International Investment and Multinational Enterprises on 25 February 2021 in recognition of its impressive progress in pursuing investment policy reforms to improve the country's business climate and encourage the positive contribution investment can make to economic, environmental and social progress.
Latin America and the Caribbean’s (LAC) GDP will shrink by between 0.9% and 1% in 2016, according to the latest estimates, the second consecutive year of negative growth and a rate of contraction the region has not seen since the early 1980s. According to the Latin American Economic Outlook 2017, the region should recover in 2017, but with modest GDP growth of between 1.5% and 2%, below expected growth in advanced economies.
Curacao, Netherlands Antilles, 5-6 April 2001. This Conference on Foreign Direct Investment in the Caribbean Basin and Latin America was co-organised by the OECD and the Government of the Netherlands Antilles.