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A publication of The Canadian Council for the 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! 3. AIESEC National Leadership Development Conference 4. NASCO Conference 2008: Moving North America Forward 5. The International Economic Forum of the Americas - The Great Transition: Mastering Change 6. Women's Trade Mission to Monterrey, Mexico October 21 - 24, 2008 Special Announcements 1. Mexico-Canada Trade Statistics 2007 Regional News 2. Mexico's Energy Reform: Regeneration 3. Canada's Involvement in the Caribbean is Growing 4. Chavez to Nationalize Top Venezuelan Steelmaker Trade Missions, Seminars
and Other Events From Here to Eternity? The home of two of the world’s emerging economic powers and numerous multinational giants, Speakers: Jonathan Hausman, Portfolio Manager and Head of Emerging Markets Fixed Income, John Price, Managing Director, Business Intelligence - Latin America, Kroll, and co-author of “Can Latin America Compete?” (Palgrave Macmillan) Moderated by: Wednesday, April 16, 2008 For more information contact: Canadian Council for the Americas The Canadian Council for the Americas and the Government of Colombia will have a breakfast presentation on Thursday, May 8, 2008 at the Albany Club at 7:30 a.m. The event will be presented by the Honourable Vice-President of the Republic of Colombia, Mr. Francisco Santos Calderón. More information will be provided in our next bulletin. Canadian Council For The Americas AIESEC National Leadership Development Conference This year, AIESEC York, will host the National Leadership Development Conference from May 7 – 11, 2008. Through a series of workshops, training sessions, and discussions, the goal of the conference is to equip all delegates with the skills and knowledge required for success in their personal and professional endeavours.
NASCO
Conference 2008: Moving Guanajuato, Mexico 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 Gustavo Zentner The International Economic Forum of
the 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. Organization of Women in International Trade Join Trade Mission to Mexico Deadline: June 30, 2008 (The earlier you register, the better, to ensure maximum time to plan most effective business matching for you.) Click here to view a complete invitation to the event. For information please contact: Gail Morris Regional News
Excerpt from original article: "… In addition to participating in NAFTA, one of the two largest trade blocs in the world, Canada has signed a series of bilateral FTAs with nations such as Chile, Costa Rica, and Israel, as well as with the members of the European Free Trade Association, since the late 1990s. One of the latest proposals to further extend the current government’s foreign policy and development objectives of deepening Canada’s engagement in the Americas is the establishment of a Canada-Colombia FTA, first proposed by the Minister of International Trade, David Emerson, in July 2007. Since the Harper government successfully concluded negotiations for a similar agreement with Peru in February, the outlook for this FTA between the governments in Ottawa and Bogotá appears optimistic at first glance. Upon closer examination, however, its prospects are far more uncertain. …" For the full story, click here: http://www.focal.ca/pdf/focalpoint_april08.pdf Mexico's Energy Reform: Regeneration Excerpt from original article After months of speculation and delay, Felipe Calderón, Mexico's president, this week announced plans to resuscitate Pemex, the country's foundering state-owned oil monopoly. In contrast with earlier reforms of the tax code and public pension systems, Mr Calderón has this time positioned himself as the face of the energy reform—the most important initiative so far of his 16 months in office. In a televised address to the nation, Mr Calderón said the reform would give Pemex greater budgetary autonomy and strengthen the regulatory apparatus. It would allow Pemex to hire private contractors for the distribution and storage of refined products. And it would enable private contracting of refining; although Mexico is the sixth-largest crude-oil producer in the world, it now imports 40% of its petrol. The reform also includes a 5 billion peso ($474m) bond issue to raise money for two new refineries. For the full story, click here: http://www.economist.com/world/la/displaystory.cfm?story_id=11021279 Canada's Involvement in the Caribbean is Growing Summary of original article: Canada ’s involvement in the Caribbean is growing. According to The Economist, "On March 26th the shareholders of the largest regionally owned bank, Trinidad's RBTT, voted to accept a takeover by the Royal Bank of Canada. Canadians now control the English-speaking Caribbean's three largest banks, with $42 billion in assets, four times those commanded by its 40-odd remaining locally owned banks. These links draw on a long history." That history involves various different sectors throughout the region. " Canadian firms make chemicals in Trinidad and drill for natural gas offshore, mine nickel in Cuba and gold in Suriname, seek oil off Guyana and run cable television in the Bahamas and Jamaica. A tax treaty with Canada underpins offshore finance in Barbados. Several thousand migrants move north each year, mainly to Toronto. For the full story, click here: http://www.economist.com/world/la/displaystory.cfm?story_id=10925797
For the second time in a week, the Venezuelan President is planning a major foreign business takeover. Steelmaker Ternium Sidor is the next company Chavez plans to nationalize, "sending the Argentine-controlled company’s shares tumbling," as Reuters reports. Vice President of Venezuela, Ramon Carrizalez, accused the parent company, Ternium SA, of being arrogant towards its employees. He also said it would be compensated for the takeover. This newsletter has been brought to you in part by
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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
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