|
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 3. AIESEC National Leadership Development Conference 4. NASCO Conference 2008: Moving North America Forward 5. Canadian Energy Mission to Uruguay, Argentina and Chile 6. The International Economic Forum of the Americas - The Great Transition: Mastering Change 7. Women's Trade Mission to Monterrey, Mexico October 21 - 24, 2008 Regional News 2. Infosys Gets Down to Business in Mexico 3. Latin America's Economies: A Coming Test of Virtue 4. Venezuela Sends 364 Tons of Food to Haiti Trade Missions, Seminars
and Other Events "Democratic Institutions, Free Trade and Regional Security" Formerly editor of El Tiempo, Colombia’s largest newspaper and a Neiman Fellow at Harvard University, Vice President Santos was kidnapped for eight months in 1990 by Pablo Escobar, head of the Medellín drug cartel. He fled Colombia in 2000 under threat from the FARC guerrillas, but returned in 2002 to run successfully as President Alvaro Uribe’s vice presidential candidate. Vice President Santos was re-elected in 2006. In his first public address in Canada, Vice President Santos will discuss Colombia’s challenges and successes in fostering economic growth and strengthening democratic institutions and security in the region. Thursday, May 8, 2008 The Albany Club Click here to download the invitation and registration form. For more information contact: North American Agreement on Labour Cooperation Luncheon with the Honourable Jean-Pierre Blackburn, Minister of Labour The Canadian Foundation for the Americas (FOCAL), in cooperation with the Labour Program of Human Resources and Social Development Canada, is pleased to invite you to: North American Agreement on Labour Cooperation Luncheon with:
April 24th, 2008 This event is free and open to the public; however, space is limited and advance registration is required by April 21, 2008. For More Information contact: Alexa Barrera, Project Manager for Trade and 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 CANADIAN ENERGY MISSION TO URUGUAY, ARGENTINA AND CHILE June 8 - 13, 2008 The International Trade Missions Division of Foreign Affairs and International Trade Canada (DFAIT) is For more information: Contact Karen Sleim an at 613-996-8546 e-mail karen.sleiman@international.gc.ca or Pierre Chalifou at 613-944-1227 e-mail pierre.chalifour@international.gc.ca THE REGISTRATION DEADLINE IS MAY 16, 2008 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 by Dee-Ann Durbin And Tom Krisher: "… The new Chrysler small car will be made at Nissan's Oppama plant in Japan. Chrysler will make the pickup truck at its plant in Saltillo, Mexico, and it will go on sale in 2011, the companies said. The Nissan Titan, Nissan's current full-size pickup, will remain on the market until the new pickup goes on sale, said Dominique Thormann, senior vice-president for administration and finance at Nissan North America. The Canton, Miss., plant that makes the Titan will start producing commercial vehicles for Nissan and no jobs will be lost, Thormann said. To clear room to build the Nissan pickup in Saltillo, Chrysler will shift production of its own pickup trucks from Mexico to U.S.-based pickup factories, the companies said in a statement. "Forging the right tactical partnerships is critical to the long-term success of Chrysler," Chrysler president and vice-chairman Tom LaSorda said in the statement. …" For the full story, click here Infosys Gets Down to Business in Mexico Excerpt from original article by Akshay Baluni: " …Information technology and software major Infosys Technologies has started operations in its first Latin American subsidiary in Monterrey, Mexico to enhance IT services for clients in the US, Latin America and Europe. or the full story, click here Latin America's Economies: A Coming Test of Virtue "Once a byword for financial busts, Latin America has so far escaped this credit crunch unscathed. But for how much longer?" "...The Latin Americans, for their part, were preening themselves over the vigour of their own economies. They hope they have “decoupled” from their giant neighbour to the north. Are such hopes justified? Latin America is doing better than at any time since the 1960s. Economic growth has averaged over 5% a year since 2004, inflation has been generally low, direct investment is arriving in record quantities, and the region's current account and fiscal accounts are both in surplus. Of course the average conceals wide (and widening) variations. But to the surprise of some, the credit crunch has so far had little discernible effect. Indeed, as world prices for many of Latin America's key commodity exports continue to rise, the pace of growth has even accelerated in some countries. Interest-rate cuts in the United States have prompted a number of investors there to buy higher-yielding Latin American shares and bonds. Most Latin American stockmarkets have been holding up relatively well. The region's sovereign bonds are no longer tracking junk bonds up north; spreads (ie, the premium over the yield on American Treasury bonds) have risen barely more than one-and-a-half percentage points since last July, while those on American junk bonds have risen five times as much. This month Fitch, a credit-rating agency, raised Peru's bonds to investment grade. Meanwhile, the troubles in the outside world are raising doubts about growth. So far the best guess is that a mild recession in the United States and a slowing world economy will cut growth in Latin America this year by one point, to 4.5%. Commodity-exporting South America should be relatively unscathed. Even in Mexico, where four-fifths of exports go to the United States, the economy has remained surprisingly robust. But Mexico's economy still moves in tandem with industrial production north of the border, and this may have further to fall. Production is currently flat; in 2001, when both countries were last in recession, it fell by 5%." For the full story, click here
A fleet of airplanes carrying 364 tons of food for humanitarian help took off on Sunday from Venezuela to Haiti. President Hugo Chavez said the shipment is to help relieve the crisis in Haiti that has plagued the country for the last nine days. Since last week, Haiti has been the scene of disturbance due to a sharp hike in food prices. The situation has also led to many deaths, including a 36-year old Nigerian soldier from the UN peace-keeping forces attempting to stabilize the situation in Haiti. The humanitarian aid from Venezuela includes tons of meat, chicken, ham, milk, vegetables, olive oil and lentils, according to President Chavez. The commander-in-chief of Venezuela assured that the humanitarian gesture would be accompanied by strong security. This newsletter has been brought to you in part by
For suggestions or comments about our CCA Bulletin feel free to contact us by email at cca@iecanada.com If you do not wish to continue receiving the CCA Update, contact us at: cca@iecanada.com. Type in Unsubscribe in the Subject line. 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 |
