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Dear colleagues / estimados compañeros:

Due to the next publication of the newsletter of our Commission I request you to send any interesting article, news or proposition you would like to be included / Próximos a publicar una nueva newsletter de la Comisión, os ruego me remitáis algún artículo, noticia o propuesta que resulte de vuestro interés se incorpora a la misma.

Thanks a lot / Gracias

E-mail: josepajares@pajaresvasociados.com 

We are pleased to provide you with the new issue of our legal information newsletter.  

Topical legal questions are discussed and those related to issues that you might encounter.  

We hope that you will find it of interest. We would welcome any comment you might have. 

DOWNLOAD THE COMPLETE LEGAL NEWSLETTER

Article contributed by Riccardo G. Cajola 

The Federal Audit Court (TCU) approved the bid for concession of exploitation of Guarulhos, Brasília and Viracopos airports. However, the TCU is willing to raise the grant value, which had been decreased due to the overestimation of public investments in airports, to wit:

In Guarulhos: TCU determined an increase in the minimum amount of the grant equivalent to 66.3% - from R$ 2.29 billion to R$ 3.8 billion.

In Brasilia: Adjustment of 907%, with a minimum grant value of R$ 75.5 million; this figure is expected to increase to R$ 761 million.

 On the 10^th of October 2011 the Council of Ministers of Cyprus issued a new decision laying out the criteria and conditions for the granting of Cypriot citizenship by exemption, aiming to attract wealthy businessmen and foreign investors, who desire easier access beyond their borders. By virtue of the new decision the threshold values of the direct investments, entrepreneurial activities, bank deposits have decreased considerably.

The Ministry of Economy published in the Official Federal Gazette of Mexico on August 15, 2007 “the Agreement which informs on the Protocol of Accession of the People’s Republic of China to the World Trade Organization”. On December 11, 2001, China became a member of the World Trade Organization (WTO), in accordance with the terms and conditions established in this Protocol of Accession.

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Dear friends:

This report contains basic data of a series of improvements on maritime infrastructure that are projected and carried out in Uruguay that may be attractive in business opportunities.

SMBs standing out as major market players

 On November 11, 2011 the Official Federal Gazette of Mexico published the SECOND Resolution of Modifications to the Rules of General Character on the Subject of Foreign Trade for 2011. This resolution was published on July 29 by the Ministry of Finance and Public Taxes in supplement to Sector 8 “Iron minerals and its extracts” paragraph B of Annex 10 “Sector Registration”.