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ALABC's monthly newsletter, "Latam News," keeps members and supporters abreast of developments taking place in the Latin American markets. Locked articles can be read by paid ALABC members, including Individual, SME, Corporate and Patron.
24

Expomin 2014, Chile, 21-25 April

21 - 25 April 2014 - Santiago, Chile 

Be part of a world class group of firms participating within the prominent Australian National Pavilion at the leading exhibition for mining suppliers in Latin America – EXPOMIN. 

REGISTRATIONS CLOSE 15 NOVEMBER. Contact Hilary Boreham, Trade Advisor, Austrade Brisbane. 


EXPOMIN is recognised as one of the world's most important mining exhibitions and is a key industry event for mining in Latin America. For many years it has been the first step for Australian companies to learn about and enter the Latin American market with many exhibitors going on to establish their presence in Chile after exhibiting.

From all appearances,  EXPOMIN 2014 will be bigger than ever and the organisers expect

80,000 visitors and 1,400 exhibitors from over 30 countries. This creates a strong opportunity to meet mining executives, specialised distributors and potential commercial partners and customers from Chile and the Latin American region.

Australian Mining, Equipment, Technology Suppliers (METS) enjoy a world-leading reputation in Chile and there are over 60 already represented in the Chilean market via a subsidiary office. At every EXPOMIN, the key players within the Chilean mining industry are eager to learn about the latest Australian technology and services to be showcased at the Australia Unlimited Pavilion which Austrade manages.

The organisers of EXPOMIN offer a one-on-one business meeting program with procurement executives of mining companies. Their program also includes the “2nd Underground Mining International Workshop”, a technical event to analyse the development of new technologies and an opportunity for suppliers to present their products in this area.

The Austrade business program provides additional benefits for exhibitors attending as part of the Australia Unlimited Pavilion. Some highlights of this program are:

  •    An exclusive series of briefings with senior executives from major mining companies including representatives from Antofagasta Minerals, BHP Billiton and Codelco.
  •    A visit to Chile‟s mining capital Antofagasta, where 50% of Chile‟s mining production derives. This is an opportunity to build relationships with senior managers from some of the world‟s largest mines. Australian companies that have participated in the past have commented on the benefits of this program to broaden their contacts.
  •    Managers from targeted mining companies will be escorted through the pavilion to meet the Australian exhibitors. These facilitated introductions may also include company representatives from other Latin American mining markets such as Peru.
  •    Market briefings provided by Austrade mining experts based in Chile and Peru and attendance at the Australian function hosted by the Australian Ambassador at his residence. This is one of the premier networking events during EXPOMIN.




16

State of the Market - Latin America Mining Report 2013 Snapshot

The State of the Market: Latin America Mining Report 2013 reveals that earnings from copper and iron ore were the most important sources of Latin American mining revenue last year. The region's total mined revenue was over US$150 billion in 2012, with two-thirds coming from copper and iron ore.    

This report details the state of mining in Latin America focusing on data-driven trends in exploration, finance, metals production and regional activity. It provides a high-level analysis of the mining industry and examines the performance of Latin American countries, mining companies, projects and mines.

To download a copy of the Snapshot, please click here

Save 10% when you purchase the full report by 30 October 2013.
For further enquiries, contact: miningreports@intierraRMG.com


10

Melbourne Celebrates Mining, 7pm Wednesday 30 October, Peninsula@Docklands

Book now to join your mining industry peers at the “Melbourne Celebrates Mining” industry dinner on 30 October.

Held in the same week as the Mines and Money Australia Conference, this dinner presents a unique opportunity for mining and mining services companies to network with the international and Australian mining business leaders and innovators.

The event offers your organisation the chance to:

•  align your organisation with strategic thinkers and key players in the global mining industry;

•  strengthen important relationships and build new ones;

•  identify and establish new business leaders;

•  increase awareness of your organisation’s expertise and introduce new strategies, products and services to industry;

•  demonstrate your organisation’s commitment to innovation; and

•  entertain your customers, suppliers and key contacts.

Melbourne serves as the Australian headquarters of some of the world’s top international mining companies and is also home to a diverse number of leading junior miners. Melbourne, and Victoria more broadly, is a global leader in the delivery of product and service solutions for the global mining sector, financial and professional services, manufacturing, ICT, R&D, education and training.

The dinner will feature David Peever Managing Director, Rio Tinto Australia, and Ian Smith, Chief Executive Officer, Orica as our keynote speakers, with MC sporting legend Simon O’Donnell.

Tickets can be purchased at: http://mcmd.greentix.com.au/events/340054/melbourne-celebrates-mining-dinner-2013/

For more information, contact Ms Alison O’Keefe.



LATAM News September 2013
03
In September's LATAM News: Macquarie’s Mexican retail investment                     Origin secures environmental approval in Chile       Glencore/SKM given environmental award               OZ Minerals making headway in C... Sign-in to read

25

UQ - Latin American Colloquium - 31 October 2013 - Brisbane



THURSDAY 31 OCTOBER

1:15 pm for 1:45pm to 5:30pm

Auditorium, Level 2, Sir Llew Edwards Building (#14), Cnr University Drive & Campbell Road UQ St Lucia

This year’s theme – Australia-Latin America relations: How so we shape the future? – is an open invitation to engage in lively debate on the future vision of Australia-Latin America relations.

What will the future of Australia-Latin America relations be like in 2020? What are the priorities of the region and Australia? Where are the emerging opportunities? How do we diversify the relationship? What barriers need to be overcome? How do we move to the next level?

Please join us in this opportunity to look forward, exchange reflections and build the future of Australia-Latin America relations.

    Distinguished speakers include:

    • Latin American Heads of Mission
    • Mr Richard Neumann, Director, South America and COALAR Section, DFAT
    • Mr Charlie Sartain, Senate member, The University of Queensland
    • Mr Jose Blanco, Chairman, Australia-Latin America Business Council (ALABC)
    • Prof Jeff Jones, MD; CEO, Collaboration Hub and Professor Interaction Design, Queensland University of Technology

For more information and to register for the UQ Latin American Colloquium 2013 and obtain information on associated events at 

www.uq.edu.au/international/colloquium

Supported by UQ, Trade and Investment Queensland, the Latin American Ambassador network, The Council on Australia Latin America Relations (COALAR), the Australia-Latin America Business Council (ALABC), Australia-Brazil Chamber of Commerce (ABCC) and key industry leaders.


Article attachments


20

Chilean tax - Individuals are now required to report their foreign trusts participation

As per the Chilean Tax Authority's (SII) Resolucion 81 dated 10 September 2013, a disclosure report needs to be submitted with SII by 30 June [of the next year] with details in respect of their participation on trusts established overseas.

Under this new instruction, individuals that according to the Chilean Income Tax Law are subject to Chilean taxes on their worldwide income and foreigners who are domiciled/residents of Chile must report to the SII specific information related to the trust through a sworn statement, where these individuals are either a trustee or a director of a foreign trust.

Even though non-Chilean nationals with less than three years in Chile are not required to pay income tax on their foreign-sourced income, as per this SII instructive it seems that they will be still required to declare such participation on the trust, even though this may not result in any Chilean tax liability.

Penalties apply if these declarations are not submitted on time.

For further information, please refer to the SII website (information only available in Spanish)


http://www.sii.cl/documentos/resoluciones/2013/reso81.pdf

For further details, please contact: Nicolas Soza from PwC at Nicolas.soza.zamora@au.pwc.com



13

'Team Defence Australia’ a hit at the Latin American Aerospace and Defence Expo

LATAM NEWS AUGUST 2013

‘Team Defence Australia’ a hit at the Latin American Aerospace and Defence Expo

Australian companies kicked goals at the Latin American Aerospace and Defence (LAAD) Expo in Rio de Janeiro, Brazil, from 7 to 13 April 2013.

The Team Defence Australia (TDA) stand, organised by the Defence Materiel Organisation’s Australian Military Sales Office, and led by Team Leader Major General Mick Fairweather and Team Manager Virginia Francken, showcased the products and services of 16 Australian companies at LAAD.   Most of these companies also participated in the associated trade mission to Chile and Colombia where the companies had the opportunity to meet with these countries’ defence forces and military state -owned enterprises.

Aluminium Boats Australia (ABA) attended the expo, as well as the trade mission to Chile and Colombia and Tommy Ericson, the company’s General Manager, said that as a result of the mission, ABA was invited to provide design and shipbuilding support t o defence and related industries in all three countries with a potential work value of around $20m.

“The local shipyards have wide experience and connections with defence work and as such have the potential to provide further inroads for ABA not only in country but also across the greater Latin American market.  ABA is confident in future work resulting from this Latin American Mission in relation to custom designed and built military and commercial vessels and marine infrastructure,” said Ericson.

Global defence prime contractor Austal praised the support given  by  the  Australian Military  Sales Office staff  during LAAD.    “Austal was  delighted with  their professional attitude, attention to detail and most importantly their desire to make sure all Australian companies participating got out as much from the trade show and trade mission as possible.

“A great team spirit between the Australian companies developed, with everyone looking out for one another and making sure all potential customers visiting the stand were introduced to a potential supplier or partner,” said Austal Regional Sales Manager Guy Johnston.

Austal  recently  delivered  the  first  Cape  Class  Patrol

Boat to the Australian Customs and Border Protection Service and is confident that there is a large accessible market for this and other Austal vessels in the developing markets of Central and South America.  The leads and contacts developed at the show, particularly with Brazil, Uruguay, Mexico, Chile and Colombia, will hopefully result in valuable business outcomes in the 1-2 year timeframe. Mal Fraser-Clay, Managing Director of Zone Advanced Protection Systems Australia said that without the TDA delegation, sourcing in-country channel partners specific to the defence industry would not have occurred.

“Understanding  the  legal, accounting,  logistic  and channel distribution issues within each country was invaluable and came about as a result of being invited on this delegation ,” said Fraser-Clay. Australian Ambassador to Brazil HE Brett Hackett also hosted a reception at the TDA stand, providing more opportunities for Australian companies to meet potential customers.

The Expo brought together international companies specialising in supplying equipment, services and technology to the defence industry.  The biennial Expo is the largest defence and security trade fair in Latin America. This year LAAD attracted over 720 exhibitors, 30,000 visitors and delegations from 65 countries.


13

LATAM News Aug 2013 Chairman's Message

LATAM NEWS AUGUST 2013 - JOSE BLANCO

Chairman’s Message

The Sydney Annual Dinner that was held on August 22 showcased many of the elements that underpin the growth in Australia’s engagement with Latin America. Apart from attracting a full house, it was also significant for the composition of the audience, both in terms of the institutions that were represented and the levels at which they were represented.

Amongst the highlights were the fact that the Dinner brought together representatives from business, sport, tourism and education, and from many of the key stakeholders in the relationship with Latin America, including Austrade, the Council on Australia Latin America Relations, the Department of Foreign Affairs and Trade, several of the Latin American heads of mission, and representatives of the bilateral Australia-Mexico and Australia-Peru chambers of commerce, amongst others.

The involvement of such a high profile figure as the chief executive of the ANZ Bank, Mike Smith, and of senior business leaders from other major companies such as Glencore and Arrium, to name a few, only enhanced the celebratory nature and networking benefits of the event.

The involvement of Mr Smith was also important because of the key message that he gave, namely, that Latin America is relevan t to Australia and that engagement with the region is not at odds with Australia’s commitment to furthering its ties with Asia. Australia’s focus on Asia does not have to mean the by-passing of Latin America. On the contrary, there are opportunities for Australia arising from the fast-growing links between Asia and Latin America.

Taking advantage of those opportunities and of the ones directly on offer to Australian business in Latin America requires a great deal of work and a coordinated effort by all interested parties. We can be pleased with the progress that has been made, but we cannot afford to be complacent or to relax in the face of what remains to be done and the competition that is coming from oth er countries and companies that are also focused on engaging with Latin America.

For its part, this Council is committed to lifting its game and to doing all that it can to contribute to the goal of strengthening Australia’s commercial and overall relationship with Latin America. In 2014 we will celebrate the 25th anniversary of our founding and we propose to make it a year of celebration and achievement.

We cannot achieve the goal working alone and therefore, more than ever, we will look to engage with our allies and our member s to ensure that action is taken that brings us closer to growing the relationship. With this in mind we have created the ‘Patron Member’ category of membership for those companies and institutions that are most committed to Latin America and to what this Council stands for. Members who elect to participate in this category of membership will become the flag bearers for the Council and in doing so will be sending a clear message as to the importance that the Latin American region has to them and t he commitment that they have to the region.

The number of Australian companies doing business in Latin America has grown significantly over the past decade, but many of them continue to fly under the radar and do not participate in the Council. Our goal is to convince them to join with us so that, together, we can accelerate the expansion of the relationship that Australia has with the region. The benefits of doing so go far beyond the fulfilment of good corporate social responsibility considerations. They will include increased exports, greater investment diversification (both outbound and inbound), lower sovereign risk by reducing Australia’s dependence on any single market or region, enhanced market access through improved relations and lower regulatory barriers, and access to a market of over 500 million consumers.

Australia’s future lies in utilising its resources, both physical and human, to their full potential, and in working both har d and smart. Latin America’s population, its capacity for growth, its broadening points of engagement with Australia in a constantly more connected global arena and its interaction with many of Australia’s more priority markets, means that it is relevant to Australia and that we therefore need to develop a coordinated strategy to embrace it. We urgently need the equivalent of a
‘White Paper’ and why and how to go about deepening our relationship with the region.

That and much more will be the focus of our Council’s work in coming years. As we draw closer to 2014, our planning will be focused on celebrating our achievements and on identifying the action that must be undertaken and the strategy that we need to follow to make it a reality. We invite you all to join with us on this important challenge. United, we can make a difference.

Jose Blanco
Chairman


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