Hogan Lovells Hosts Latin American 'Partnering for Prosperity' Event
04 May 2012
LONDON, 3 May 2012 - Hogan Lovells hosted the 'UK - Latin America: Partnering for Prosperity' event in conjunction with the Foreign and Commonwealth Office, Canning House and TheCityUK at its London offices on 2 May 2012.
The event was attended by the Secretary of State for Foreign and Commonwealth Affairs, Jeremy Browne MP, 16 of the UK's Ambassadors to Latin America as well as other representatives from Latin America, and over 200 guests. It provided an opportunity for leading business figures and representatives of trade organisations to meet with senior diplomats from the region to increase investment and trade ties between the UK and Latin America.
Nicholas Cheffings, in his first official engagement as Chair of Hogan Lovells, said that the firm was delighted to be hosting such a significant event.
According to Cheffings, Hogan Lovells has a long-established track record in the region. He said:
"Our depth of experience means we are well-placed to advise clients on the cultural and business norms of the different markets in Latin America. Alongside our existing presence in Venezuela, we expect to be able to open an office in Brazil later this year subject to obtaining the necessary local approvals."
Colin Johnson of TheCityUK Latin America Group also highlighted the importance for British companies to fully explore the business opportunities available to them in Latin America and encouraged companies "to stop making excuses for not doing trade with Latin America".
Lord Brennan from Canning House, a centre dedicated to stimulating understanding and engagement between Britain and the Hispanic and Luso-Brazilian world, stressed that Latin America was an exciting region and one that offered vast opportunities for UK companies. He referenced the fact that Latin Americans have expressed their willingness to increase trade with the UK and mentioned that it was time that we maximised on this opportunity by taking advantage of the contacts that could be made at events such as these.
In his keynote address, the Secretary of State for Foreign and Commonwealth Affairs, Jeremy Browne MP, said that his central message was that there is a strong commitment from the British Government, from the Prime Minister and Foreign Secretary down through the ranks, to working more closely with all Latin American countries. He spoke fondly of his own experiences visiting the region, and urged those present to work towards developing ever stronger ties between the UK and the Latin America.
Hogan Lovells' involvement in the event underlies its desire to expand its own business in the Latin American region. The firm has a long history of handling corporate, commercial and finance transactions throughout Latin America on behalf of leading American, European, Asian and Latin American companies. Currently, the Latin American practice includes multicultural lawyers around the global network with experience in corporate, business and regulatory law, arbitration, litigation, project finance, and energy.
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