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Chile- The up coming Latin American Country
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It is a Country which have 2700 Miles Mountain strip with 100 Miles wide territory. Chile was neglected country so far without exploitation of its natural resources. It is situated 1000 miles away from Antarctic circle. Besides that it has population of 1.17 million. The GDP of Chile is 5.9%(i.e. As per 2011 figures) with the lowest inflation rate. It has also received foreign investment of 13.7 billion dollars as per the figure available of 2011. This is because as Chile had introduced liberal market reforms since 1980.
It Exports Wheat,Fruits,Dairy Products, Salmon Fish, Timber and Wine. They have 90 wineries which produce the best wines. Besides that Dairy Cooperatives have plan additional plants with the capacity of 500 tons of milk daily. There is a Giant Wood Board company with 220000 acres of forest and 60000 clients abroad. It has also natural resources like oil, gas and other minerals. Therefore Chile is a Country to be watched for its bright future.
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