Brazil

◄ÐestakNews►☼→Overview of Foreign Investment Climate: Brazil is open to and encourages foreign investment. According to a 2009 United Nations report, Brazil is the largest foreign direct investment (FDI) recipient in Latin America, and attracted an estimated USD 42 billion in 2008 (The Brazilian Central Bank reported a slightly higher figure of USD 45 billion). The global financial crisis reduced FDI in most regions of the world in 2009, including in Brazil, where according to the Central Bank, 2009 FDI dropped to USD 25.9 billion.←☼