Brazil is the largest economy and most populous country in LATAM with a GDP of over 2 trillion and population of over 210 million people. The economy is very diversified, covering sectors such as agriculture, hydrocarbons, mining, infrastructure, IT and energy. In recent years, the country has successfully approved and implemented various reforms, aimed at improving the business environment and attracting more private investors. Brazil is also amongst the largest global recipients of FDI, mainly from North America, Europe, Middle East, Japan and China. Brazil is a democracy with strong institutions, rule of law and a solid regulatory framework.