01 February 2000
Representatives from Colombia, Venezuela, Peru, Ecuador and Bolivia failed to reach any agreement in their meetings in January and February in Lima, but it is expected that the Andean Community will in any case increase the protection afforded to Industrial Property.
31 January 2000
On 31 January SEPI (an entity owned by the Spanish government) took over the operation of Aerolineas Argentinas from American Airlines and is now putting the finishing touches on a radical adjustment plan to deal with the US $800 million debt of the airline.
26 January 2000
Brazil's National Monetary Council (CMN) issued Resolution No. 2689, on January 26, 2000, which establishing the rules that will permit foreigners, corporations or individuals to invest directly in Brazil’s financial and capital markets under less rigid structures than formerly in place. As of March 31, 2000, foreign investors will be able to more freely invest in securities and fixed-income funds, and they will be allowed to easily move their funds between both positions.
18 January 2000
A partial reform to Nicaragua’s constitution was approved 18 January 2000 and published the following day in the official gazette.
16 January 2000
On 16 January, the Brazilian government was preparing to defend legislation aimed at reducing tax evasion after it was challenged in the courts by business associations and political opposition.
08 January 2000
Vouga & Olmedo advised Grupo Vélox in its acquisition of 100 per cent of the shares of Financiera Parapití SAECA, which closed on January 8.
07 January 2000
Resolution No. SPPLC-038-99 of July 9, 1999 came in to effect on January 7, 2000.
05 January 2000
On January 5 the UK mobile phone giant Vodafone, advised by Creel, García-Cuellar y Müggenburg and Pillsbury Whinthrop, took its first stride into the fast-developing Latin American wireless market with the US$973.4 million purchase of a 34.5 per cent stake in Grupo Iusacell from the Peralta family.
04 January 2000
On January 4, 2000 the Government of Paraguay promulgated Law Nº 1533 which establishes the procedures for Government construction which is to be supplemented by rules and regulations that are yet to be published.
03 January 2000
A new law on government contracting was published in the official gazette at the beginning of January.