Jurisdiction - Singapore
Singapore – Duane Morris & Selvam Hosts Singapore-Latin American Investment Summit.

10 May, 2012



Duane Morris & Selvam LLP brought 140 business leaders together last week to celebrate, fortify and extend business ties between Singapore and Latin America. The law firm successfully hosted its inaugural Latin American Investment Summit at the Conrad Centennial hotel on April 11, 2012.
Singapore Minister for Law and Foreign Affairs His Excellency K. Shanmugam opened the full-day event, mentioning the extensive bilateral trade blossoming between Singapore and Latin America. That trade reached a remarkable $37.9 billion in 2011 and is likely to increase yet again this year. His Excellency Shanmugam explained that Singapore is a natural partner in Asia for Latin America and spoke of the mutual benefits of furthering ties between Singapore and Latin America, from both general commercial and legal perspectives. He noted that trade with Latin America amounted to 3.8 percent of Singapore's international trade.
Eduardo Ramos-Gómez, managing partner of Duane Morris & Selvam LLP and head of its Latin America practice, was host and facilitator at the Summit. In his introductory address, Ramos-Gómez provided an overview of the Latin American legal system and Duane Morris & Selvam LLP's unique ability to service Asian clients by way of its Latin American law firm network.
"We are very proud of the Summit," Ramos-Gómez said, "as it brought together leading individuals who are helping to nourish and extend the business ties between Singapore and the vast opportunities developing and awaiting us in Latin America. We hope it will be the first of many such meetings of the two regions' business leaders and representatives of their economic muscle."
Other speakers were:
Cristina Sánchez Urtiz, a partner at Miranda & Estavillo, S.C., of Mexico City, spoke on legal matters related to investing in Mexico. In addition to Sánchez Urtiz, other presenters included: Isabel Franco and Ludmila Braga of KLA-Koury Lopes Advogados (Brazil); Ernesto Cavelier of Posse, Herrera & Ruiz (Colombia); Pablo Rueda of Pérez Alati, Grondona, Benites, Arntsen & Martinez de Hoz (Argentina); G. Jayakrishnan of IE Singapore; Luis Coronado and Andy Baik of Ernst & Young; K. Alan Russell of The Tecma Group, L.P.; Francisco Bautista of ProMéxico; Jorge Montero of Proexport (Colombia); and Victor Tay of the Singapore Business Federation.
Dignitaries from various Latin American countries were present to lend their support, including: Ambassador Luis Fernando Serra (Brazil); Ambassador A. Raúl Patiño (Peru); Ambassador Antonio Villegas (México); and Consul Isaac Tcachman (Colombia). Also in attendance were Ambassador Burhan Gafoor of the Ministry of Foreign Affairs and Ambassadors Choo Chiau Beng and Leong Horn Kee, Singapore's envoys to Brazil and Mexico, respectively.
Duane Morris & Selvam partnered with IE Singapore and the Singapore Business Federation, Proexport Colombia, ProMéxico and the Singapore Manufacturers' Federation to present the Summit, which drew some 140 attendees.
For further information, please contact:
Babita Ambekar, Duane Morris & Selvam LLP


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