Latin American Law and Business Report articles from January 31 1999

Latin American Law and Business Report archives from January 31 1999

The Evolution of European Union-MERCOSUR Relations and Diminishing U.S. Business Dominance in South America's Southern Cone.
January 31, 1999... Introduction In September 1998, the European Commission announced that a meeting of all the elected heads of state of Latin America and the European Union (EU) will be held in Rio de Janeiro on June 28-29, 1999. The summit is expected to...

Present and Future Prospects of Wholesale Electricity Markets in Latin America.
January 31, 1999... Introduction While significant progress toward strengthening the electricity infrastructure has been made in the 1990s, much more needs to be done. Approximately 30 percent of Latin America's population is without access to electricity....

MARKET NOTES.(Statistical Data Included)
January 31, 1999... EDITOR'S NOTE: This issue of Market Notes was compiled with the assistance of The Weston Group in New York, a merchant bank which specializes in Latin American capital markets in the areas of Investment Banking Services, Capital Markets and...

Effects of the Brazilian Devaluation.
January 31, 1999... Government Drops Defense of the Real Faced with growing capital flight caused by a loss of investor confidence in its fiscal reforms, the Brazilian government on January 15 abandoned efforts to defend the Real allowing the currency to...

Recent Legal Developments.
January 31, 1999... by Pinheiro Neto-Advogados Tax Adjustment Program On October 28, 1998, the Federal Government announced the Tax Adjustment Program, which increased certain taxes, such as COFINS (Social Security Financing Contribution) and CPMF...

Many Changes for Foreign Investors in Colombia's New Tax Reform.
January 31, 1999... On December 24, 1998, Colombia's newly-elected President Andres Pastrana signed Law 488. This law was made public on December 30, 1998. For international practitioners and foreign investors operating in Colombia, Law 488 signifies the...

Many Challenges Lay Ahead for Mexican Economic Planners.(Brief Article)
January 31, 1999... Austere 1999 Budget The 1999 budget is bringing in much pessimism and doubts as to whether Mexico can reach its official macroeconomic targets. The only revision made by the Ministry of Finance has been the change in the expected price...

Mexico Initiates Intellectual Property Law Enforcement.(Brief Article)
January 31, 1999... The Mexican Government has launched a national campaign to strengthen intellectual property enforcement. Prompted by NAFTA Complaints The campaign partly responds to complaints by the U.S. that Mexico has not done enough to combat...

New Trademark Law in Paraguay.
January 31, 1999... A new Trademark Law went into effect on August 6, 1998 (Law 1294/98). Regulations were issued on August 14, 1998 (No. 22365). The new law introduces many changes in trademark applications, procedures, and rights granted to trademark...

Investment Incentives Law Goes into Effect in Peru.(Brief Article)
January 31, 1999... A new law provides tax benefits and exemptions to companies in specific sectors and locations in Peru. Law 27037 ("the Law") went into effect on January 1 this year. It is designed to stimulate development of the Amazon Region in Peru. (The...

Venezuelan Legal and Business Developments.
January 31, 1999... Post-election interest centers on guesses regarding President-Elect Hugo Chavez's economic and political programs. He appears to have moderated his most extremist populist campaign promises, but due to the sharp decline in worldwide oil...

Venezuela Privatizes Social Security System.
January 31, 1999... In November, 1998, the Venezuelan Government implemented a series of laws aimed to regulate the new Social Security Law, in force since December, 1997. The new laws intend to modernize Venezuelan Social Security so that the system will be...

Cumulative Country Index January 1998 -- December 1998 Latin American Law & Business Report.
January 31, 1999... Back issues are available at $24 each to current subscribers. Twelve issues for $260. $49 each for non-subscribers. See also country coverage in Market Notes, which have not been indexed. Argentina CEDEAR: A New Alternative in the...