Presentation on theme: "Atlantic Basin Initiative Center for Transatlantic Relations."— Presentation transcript:
Atlantic Basin Initiative Center for Transatlantic Relations
Behind the Emerging Atlantic Basin… Trade / Investment ties remain strong between the U.S. and Europe but both parties need new avenues of growth. Latin America & Africa represent new, largely untapped markets for US/EU multinationals. The global premium on global resources has lead many multinationals to LA and Africa. Greater economic reform, political stability and improving finances have converged to make LA and Africa more Atlantic investment locations. The rising middle classes of LA and Africa represent a new source of global supply (workers) and demand (consumers).
Greater Global Engagement: Why Africa? Significant / Accessible source of global commodities. Improving physical infrastructure, facilitating more cross-border trade and FDI. Rising middle classes, triggering more demand for Western goods / services. Annual economic growth rates well ahead of developed nations. New source of demand / supply for stagnant Europe, struggling U.S. Reduced conflicts in many states, along with more political, economic and institutional reforms.