A publication of The Canadian Council for the Americas
April 4 , 2008


Please click on each headline for this week's top stories.


Trade Missions, Seminars and Other Events

1. From Here To Eternity? Latin America's Investment Boom Register today!

2. 2008 LAVCA-AMEXCAP Summit - Investing in the Future of Latin America

3. NASCO Conference 2008: Moving North America Forward

4. The International Economic Forum of the Americas - The Great Transition: Mastering Change

Regional News

1. Chavez Plans to Nationalize Venezuela Cement Industry

2. Palmfund Acquires LexisNexis LatAm Assets

3. Argentina, Colombia Ready to Help Bolivia

4. The Government of Canada Reaches Agreement with Mexico and The U.S. for Livestock Exports

5. DLJ Raises $300m for South America


Trade Missions, Seminars and Other Events

From Here to Eternity? Latin America's Investment Boom Register today!

The home of two of the world’s emerging economic powers and numerous multinational giants, Latin America is riding an international resource boom and an increased role in value chain manufacturing. It has become a key component in emerging market portfolios. Why? What lies ahead? What are the challenges?

Speakers:
Nick Chamie, Head, Emerging Markets Research, RBC

Jonathan Hausman, Portfolio Manager and Head of Emerging Markets Fixed Income, Ontario Teachers’ Pension Plan

John Price, Managing Director, Business Intelligence - Latin America, Kroll, and co-author of “Can Latin America Compete?” (Palgrave Macmillan)

Moderated by:
Amanda Lang, Co-Anchor of “SqueezePlay”, Business News Network

Wednesday, April 16, 2008
11:30 a.m. - 1:30 p.m.
The National Club
303 Bay Street
Toronto, ON

For more information contact:

Canadian Council for the Americas
Tel: 416-367-4313
or visit http://www.ccacanada.com/events.htm

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2008 LAVCA-AMEXCAP Summit - Investing in the Future of Latin America

The 2008 LAVCA-AMEXCAP Summit will convene the major players in Latin American PE and VC, from Mexico, Brazil, Argentina, Chile, Colombia, Peru and Central America for two days of high-level debate and discussion. Under the theme "Investing in the Future of Latin America", fund managers, investors, regulators and government officials will map out a path for the future of private capital in the region.

April 9th - 10th, 2008
JW Marriott Mexico City - Club de Industriales

On April 9th-10th, the Latin American Venture Capital Association (LAVCA) and the Mexican Private Equity Association (AMEXCAP) will convene over 200 fund managers, investors, policymakers and regulators in Mexico City for an extraordinary joint Summit on the future of private capital investment.

Summit highlights include a program on the current investment landscape and opportunities in Mexico, a special investor workshop for regional pension funds and global institutional investors, and case studies of deals and exits from the leading managers in Latin America – from venture capital to mid-market buyouts and large-stage deals.

Alfredo Thorne, Managing Director of Economic and Policy Research for JPMorgan Chase will moderate a panel on mid- to long-term prospects for Latin America, with the participation of Francisco Gil Diaz, Former Finance Minister of Mexico and Gustavo Franco, Former Central Bank Governor of Brazil.

On April 9th LAVCA and AMEXCAP will also co-host a gala reception on Mexico City’s premier private club, Club de Industriales.

For more information contact:

Ana Gutiérrez-Pérez
Event Liaison
agutierrez@lavca.org
Tel.: 646-315-6735

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NASCO Conference 2008: Moving North America Forward

Guanajuato, Mexico
June 4-6, 2008

Join more than 400 transportation, logistic and economic development specialists from across Mexico, United State and Canada at this dynamic annual conference in Mexico which will focus on key trade and transportation issues and opportunities for improved cooperation and economic partnership among the three North American countries joined by the International Mid-Continent Trade and Transportation Corridor ( NASCO Corridor)

For more complete information on the conference and/or to register please visit www.nascogto.com
or contact:

Gustavo Zentner
gzentner@puertointerior.com.mx
204-956-7682

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The International Economic Forum of the Americas - The Great Transition: Mastering Change

The International Economic Forum of the Americas/Conference of Montréal has as its principal mission the promotion of wide-ranging and completely open discussion of the major international economic issues. It also aims at facilitating the creation of contacts between representatives of businesses, governments and international agencies as well as members of the academic world and civic society, thereby encouraging international exchanges.

The 14th edition will be held under the general theme of

The Great Transition: Mastering Change

Date: June 9 - 12, 2008

For more information about the conference: http://www.conferencedemontreal.com/2.0.html?&L=1.

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Regional News

Chavez Plans to Nationalize Venezuela Cement Industry
(Bloomberg)

Summary of original article by Brian McGee and Steven Bodzin:

" Venezuelan President Hugo Chavez said he plans to seize cement operations in the country, threatening the assets of the nation's largest producer, Cemex SAB of Mexico."

Chavez said cement companies could be doing more to reduce their impact on the environment and have failed to invest in greener technology.

He also revealed plans of banning asphalt exports and restricting shipments of food abroad should the cement industry become nationalized.

For the full story, click here: http://www.bloomberg.com/apps/news?pid=20601086&refer=latin_america&sid=aUdrt7vGoVbA

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Palmfund Acquires LexisNexis LatAm Assets
(LAVCA Reporter)

Excerpt from original article:

"Palmfund Management, LLC (Palmfund), a private equity firm with one of the most experienced investment teams in the Latin America, announced today the acquisition of the legal, tax and regulatory publishing operations in Argentina, Chile and Mexico of LexisNexis, a leading global provider of business information solutions.

The LexisNexis subsidiaries, that belonged to Reed Elsevier, an Anglo-Dutch leading provider and publisher of legal market, corporate, academic and government information, will continue providing services in these countries under a team led by Juan Alberto Castro, who has worked as Palmfund’s operating partner for this acquisition. …"

For the full story, click here: http://www.lavca.org/lavca/allpress.nsf/pages/1819

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Argentina, Colombia Ready to Help Bolivia
(Prensa Latina)

Visiting Argentine Foreign Minister Jorge Taiana expressed on Thursday his readiness to facilitate conciliatory dialogue between Government and the opposition in Bolivia.

A similar commitment was made by Colombian Deputy Foreign Minister Camilo Reyes at the end of a meeting today with President Evo Morales, who invited both foreign officials to deepen their knowledge about the political crisis triggered in the wake of autonomous referendums that threaten with dividing the country.

According to the agenda, Taiana and Reyes are scheduled to travel to Cochabamba department (central), where they will be received by Cardinal Julio Terrazas, and then go to Santa Cruz (eastern) to meet with prefect Ruben Costas.

Both diplomats also met with their Bolivian peer David Choquehuanca and Senate Speaker Oscar Ortiz, from opposition Poder Democratico Social alliance.

As part of this process of rapprochement and participation by friendly countries, Brazilian Foreign Minister Celso Amorim is expected to arrive in La Paz tomorrow.

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The Government of Canada Reaches Agreement with Mexico and the U.S. for Livestock Exports
(Agriculture and Agri-Food of Canada)

Summary of original article:

Canada’s farmers can now look forward to greater market access to beef and US livestock.

"The Honourable Gerry Ritz, Minister of Agriculture and Agri-Food and Minister for the Canadian Wheat Board, today announced that Canada, the U.S. and Mexico have reached an agreement harmonizing North America to the World Organization for Animal Health’s (OIE) standards for trade in bovine breeding stock that will also allow Canadian cattle to be shipped through the U.S. to Mexico."

For the full story, click here: http://www.agr.gc.ca/cb/index_e.php?s1=n&s2=2008&page=n80327

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DLJ Raises $300m for South America
(PE Week Wire)

DLJ South American Partners has closed its debut fund with $300 million in capital commitments.

The firm is a joint venture between Credit Suisse's Alternative Investments group and an investment team co-led by Carlos Garcia (former head of South America for DLJ Merchant Banking Partners) and Marcelo Medeiros (former manager of the Brazil Private Equity Fund).

It has already made three investments: The creation of Arcos Dorados BV, to acquire the master franchise of McDonald's restaurants in Latin America and the Caribbean; The acquisition of Fispal, a promoter of food and beverage trade shows in Brazil; and the acquisition of a large stake in Brazilian education company EBEC.

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Disclaimer – CCA Update is provided as an information service to our members and key contacts. It is designed to provide the most up-to-date trade information from a variety of sources. The information we feature does not necessarily reflect the Council’s opinion on a given international trade issue. Although we endeavour to disclose accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. The Canadian Council for the Americas cannot assume any responsibility for actions taken solely or principally on the basis of information provided.