Due to the world’s rising energy demand and political instability in Middle East, the importance of resource-abundant countries in Latin America is being emphasized. This is especially true in the case of three Andean countries, Venezuela, Ecuador, and Bolivia, which remain to be a major...

Lastly in financial cooperation, Brazil, China and Italy's electricity generation business, China's entry to the natural resource development sector, and Korea's oil refinery construction are presented as good examples.Chapter five examines the current state of economic cooperation between Korea...