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LATIN AMERICA Latin America in the World Map… | … North America Seems to Be Larger

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LATIN AMERICA Latin America in the World Map… | … North America Seems to Be Larger WHY LATIN AMERICA Latin America in the world map… | … North America seems to be larger, Source: Worldmapper © Copyright SASI Group (University of Sheffield) and Mark Newman (University of Michigan). Income per capita in the region is similar to the world average. More than 300 million of latinamericans have acquired a middle class standard with an approximate income of USD$ 20.000 per year. This represent from 50% to 60% of the regional population. (Our Time, Raul Rivera, p. 135) World Poverty Source: Worldmapper © Copyright SASI Group (University of Sheffield) and Mark Newman (University of Michigan). The region has important hydrological resources. Colombia is positioned as the first country with more water resources per km2 Source: Worldmapper © Copyright SASI Group (University of Sheffield) and Mark Newman (University of Michigan). The region has the most important biological production capacity Bio-Capacity: crops, plain, forest and fishing. Source: Worldmapper © Copyright SASI Group (University of Sheffield) and Mark Newman (University of Michigan). GDP 2011 (USD Billions) Brazil 2,518 Mexico 1,185 Argentina 435 Colombia 321 Venezuela 310 Chile 243 Peru 168 Ecuador 65 Colombia´s GPD growth vs the Wolrd´s GPD 2002 - 2011 GPD growth: Colombia vs. World (%) 8 6.9 6.7 5.9 6 5.3 4.7 3.9 4 4 3.5 2.5 1.7 2 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 -2 -4 **Colombian growth Jan-Jun 2012: 4.9% CIVETS: an opportunity for diversification Colombia Indonesia Vietnam Egypt Turkey South Africa CIVE TS CIVETS economies will have important GPD growth Leaders in the wolrd - Michael Geoghegan, market Global M&A Heat Chart Based on mergermarket companies for sale intelligence: *US million. *Merger Market. M&A Round-up for 2012 Global M&A Overview *Merger Market. M&A Round-up for 2012 Global M&A Overview *Merger Market. M&A Round-up for 2012 Global M&A Overview Private Equity Buyouts Asia-Pacific (excl Japan) saw US$ 27.9bn-worth of buyout deals, sliding 28.9% on 2011 (US$ 39.3bn). 2012 was the second highest year for buyouts in the region since 2007 (US$ 49bn). *Merger Market. M&A Round-up for 2012 Latin American M&A Overview América Móvil (Mexico) acquires Carso Global Telecom SAB (99.4%). Deal value: US$ 28 billion. Telefónica SA acquires Brasilcel NV (50% stake). Deal value: US$ 9 billion. *Merger Market. Latam M&A Round-up for 2012 Latin American M&A Overview *Merger Market. Latam M&A Round-up for 2012 Latin American M&A Overview Industry Analysis 2010 2011 2012 Latin American M&A Sector Breakdown 2010 Deal Value Latin American M&A Sector Breakdown 2010 Deal Count *Merger Market. Latam M&A Round-up for 2012 M&A in the Pacific Alliance Colombia M&A Europe Chile M&A Europe M&A US M&A US *ISI Emerging Markets M&A in the Pacific Alliance Mexico M&A Europe Peru M&A Europe M&A US M&A US *ISI Emerging Markets Foreign Investment Pacific Alliance Mexico Mexico 2010: US$ -623 million 2010: US$ 478 million 2011: US$ 80 million 2011: US$ 0 2012: US$ -1.6 million 2012: US$ 0 Colombia Colombia 2010: US$ 279 million 2011: US$ 3,877 million 2012: US$ 0 Peru 2010: US$ 10.7 million 2011: US$ 19 million 2012: US$ 120 million Peru 2010: US$ 57 million Chile 2010: US$ 20 million 2011: US$ 15 million 2011: US$ 650 million 2012: US$ 224 million 2012: US$ 3,074 million *www.banrep.com * Foreign Investment Committee. Foreign Investment Pacific Alliance Mexico Colombia 2010: US$ 464 million 2010: US$ 13 million Mexico 2011: US$ 464 million 2011: US$ 205 million 2012: US$ 476 million 2012: US$ 12 million Colombia 2010: US$ 1,048 million 2011: US$ 1,057 million Peru 2012: US$ 1,093 million 2010: US$ 1.7 million Peru 2011: US$ 0.3 million 2012: US$ 3 million Chile 2010: US$ 1,347 million 2011: US$ 1,381 million Chile 2012: US$ 1,389 million 2010: US$ 73 million 2011: US$ 55 million 2012: US$ 28 million * www.economia.gob.mx *www.proinversion.gob.pe Multi-Latins in the Pacific Alliance *ISI Emerging Markets Banks Mexico Colombia Peru 00 Chile *ISI Emerging Markets Mila News Market Total Total Currents Capitalization Volume Issuers Mila Intermediaries in Mila Negotiated March 2013 To report operations Markets Markets through Mila infrastructure. March 2013 (US March 2013 Million) (Us Million) *Mila News. April 2013. Ease on doing business Rank on the ease of doing business In the rank that qualifies country as policy makers, Chile stands at 37, Peru at 43, Colombia at 45 and Mexico stands at 48. *Doing Business 2013. IFC. Starting a new business Chile Colombia Mexico Peru Has reduced Starting a Requires 6 Requires 5 the time business procedures, 9 procedures, 26 required from requires 7 days and costs days and costs 60 days to 14, procedures, 8 10.1% of 10.6% of the cost from days and costs income per income per 28% of income 4.5% of income capita. capita. per capita to per capita. 8% and procedures from 19 to 9 *Doing Business 2013. IFC. Protecting investors How strong are investor protections? Colombia and Peru have a high score indicating stronger protections. Chile stands in the rank 32 and Mexico in the rank 49. *Doing Business 2013. IFC. Business-friendly regulation Chile, Peru, Colombia and Mexico are in the top 5 ranking of Latin American countries on the ease of doing business that measures the economies with the most business- friendly regulation. *Doing Business 2013. IFC. Page 3. Ease of paying taxes Globally, Chile stands at 36, Peru at 85, Colombia at 99 and Mexico at 107 in the ranking of 185 economies on the ease of paying taxes. *Doing Business 2013. IFC. Regulatory practices “In 2007 Colombia’s government further institutionalized its commitment to regulatory reform by establishing the Private Council for Competitiveness. The council is made up of business associations and private sector players working closely with the government to promote sound, business friendly regulatory practices”. Peru and Mexico have advanced in regulatory practice as well. *Doing Business 2013. IFC. Page 27. Regulatory practices Colombia has achieved considerable success in improving business regulation since 2005, along countries such as Georgia, Rwanda, China and Poland. Peru stands at 32 and Mexico at 39 in the global ranking *Doing Business 2013. IFC. Page 9. Colombia: key principles for foreign investment Automatic Universality Nature Equal Stability treatment Principles *Doing Business 2013. Chile: key principles for foreign investment An efficient Important and high level network of of free trade connectivity agreements The legal Political and transparency Economic and stability Stability for foreign investment Principles *Foreign Investment Committee Chile Mexico: key principles for foreign investment Network of Competitive free trade labor costs agreements Business Large friendly logistics environment platform Principles *www.promexico.com Peru: key principles for foreign investment Right to private Right to engage property; in the economic protection against activity of their takings preference Non-discrimination Freedom of based on the State’s business or ownership of a industry corporation’s equity Equal legal Freedom of treatment (same foreign and local rights as Peruvian Principles trade investors) *www.proinversion.gob.pe Colombia: Free Trade Agreements Colombia has 19 agreements with 59 countries • Free Trade Agreements EFTA • • Signed and waiting to Canada • European Union formalize • • Korea • Turkey • In negotiation, • Japan Israel • concluded but not signed. • United States Cuba Mexico • • Honduras Guatemala • • • •Caribbean Community El Salvador • • Panama Pacific Costa Rica Alliance • Venezuela Ecuador • Can Peru • Bolivia • •Mercosur Chile • *Foreign Trade Ministry Chile: Free Trade Agreements Chile has 20 agreements with 56 countries • Free Trade Agreements • Association Agreements Canada • EFTA • • Bilateral Trade • European Union • Korea Agreements • Turkey • Japan • Partial Trade Agreement • United States China • • In negotiation, concluded but not India • Mexico • • signed. • Thailand Central America • Malaysia • Panama • Colombia Pacific • Venezuela Alliance Ecuador • Australia Peru • • Bolivia • • Mercosur P4 • *Foreign Investment Committee Chile Mexico: Free Trade Agreements Mexico has *49 agreements with 44 countries. • Free Trade Agreements • Signed and waiting to EFTA • formalize Canada • Canada (APEC) (TPP) • European Union • In negotiation, concluded but • Korea not signed. • Japan United States (TPP) Israel • • China • Cuba • Vietnam (TPP) Belize Guatemala • • •Honduras El Salvador Brunei (TPP) (APEC) • •Nicaragua Malaysia (TPP) • • Costa Rica • • Panama Singapore (TPP)• Pacific • Colombia Alliance •Brazil Ecuador • • Paraguay Peru (TPP)• Australia (TPP) Bolivia• •Mercosur Chile(TPP)• New Zealand (TPP) *(12 FTAs, 28 promotion agreements <APPRIs>, 9 commercial agreements). Promexico * Mexico Economy Secretariat and Promexico Peru: Free Trade Agreements Peru has 19 agreements with 60 countries • Free Trade Agreements • Signed and waiting to • Russia (APEC) EFTA • formalize South Korea Canada (APEC) (TPP) • European Union • In negotiation, • (APEC) concluded but • • Japan not signed. (APEC) • United States (APEC) Mexico (TPP) • China (APEC) (APEC) Cuba (TPP) • • Thailand (APEC) • • Vietnam (TPP) (APEC) • • Philippines (APEC) Guatemala • Honduras Malaysia (TPP) (APEC) • • • • El Salvador Brunei (TPP) (APEC) • •Panama Singapore (TPP) (APEC) • Costa Rica • • Papua New • Colombia Indonesia (APEC) Pacific • Venezuela Guinea (APEC) Alliance Ecuador • Australia (TPP) • Peru (TPP) (APEC) • (APEC) Bolivia • •Mercosur Chile • (TPP)
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