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LANZBC Newsletter May 2015
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Dear Friends of the Council
 
It has been a busy month for the Council, with a Special General Meeting held on 6 May, and notice of our Annual General Meeting issued for 25 June.

A new Constitution of the Council was adopted at the SGM, which will see the AGM elect a smaller Board. The call for nominations for that Board is now open, and we welcome nominations from members who would like to serve as Directors. For further information, please see the Council News section below. 

A second result of the SGM is that Education New Zealand now hold an ex-officio directorship. We look forward to having Lisa Futschek on the Board as their representative. Lisa's details can also be found in the Council News section below.

We are delighted to announce that the Hon. Steven Joyce, Minister for Economic Development will be speaking to LANZBC members and friends at 12pm on Friday 19 June. Early registration is advised as this is sure to be a popular event. Further details are in the Council News section below.

We're also gearing up for the kick-off of the FIFA U-20 World Cup. The tournament will be the biggest celebration of global football ever seen in New Zealand, with the country's stadiums filled with people, colour, noise and movement. We will, of course, be cheering loudest for New Zealand, Argentina, Brazil, Colombia, Honduras, Mexico, Panama and Uruguay! 
 
As always, we welcome contributions from our members, so please do contact us if you have news or a story you’d like to share.

Council News

ANNUAL GENERAL MEETING: THURSDAY 25 JUNE 2015
Members are warmly invited to attend the Annual General Meeting (AGM) of the Council at 5pm on Thursday 25 June at the offices of Fonterra Co-Operative Group, 9 Princes Street, Auckland.

The Notice of Annual General Meeting was emailed out to members on 14 May 2015. If you have not received it, please contact our Secretary.
This year the Council will introduce online voting: members will be able to vote online for all resolutions - including a Board Election if is necessary. A link to the online voting facility will be emailed to members on 10 June.

The AGM timetable is as follows:


21 May 2015   Board Nomination Period opens for period of 15 days.
4 June 2015   Board Nomination Period closes.
10 June 2015  AGM agenda, Notice of Resolutions (including Board Elections, if needed) and supporting documents sent to LANZBC members.
23 June 2015  Voting period closes at 5pm.
25 June 2015  Annual General Meeting.
AGM: BOARD NOMINATION PERIOD OPENS
The Board Nomination Period, in which nominations can be made for our next Board, opened on 21 May 2015 and runs until 4 June 2015. Nominations are welcome from members who would like to serve on this Board and thereby contribute to the success of our organisation.
Nominees need to complete a Board Nomination Form (complete with signatures of a proposer and seconder, both of whom must be financial members of the Council or associated with an organisation that is) and return it to info@lanzbc.co.nz by 5pm on 4 June 2015. Nominations must be accompanied by a photograph and a biography of no more than 200 words.
 
Following the new Constitution approved at the SGM, this next Board will have a maximum of 7 directors (not including ex-officio directors). In the event that the Council receives more nominations than there are positions available, we will hold a Board Election with the AGM where members elect the 7 nominees they wish to represent them on the Board.

Any members who would like further information on what a Board position would entail are welcome to contact the President Matthew O’Meagher (matthew.omeagher@lanzbc.co.nz) for more information.
HON. STEVEN JOYCE ADDRESS: GROWING OUR LINKAGES WITH LATIN AMERICA IN TRADE, EDUCATION AND INNOVATION
The Board of the Latin America New Zealand Business Council is delighted to announce that the Hon. Steven Joyce, Minister for Economic Development will be speaking to LANZBC members and friends in Auckland on Friday June 19.

Minister Joyce, who also holds the Tertiary Education, Skills and Employment, and Science and Innovation portfolios, will be talking to us about his visit to Chile, Colombia and Brazil in April with a delegation of New Zealand's university representatives.
The Minister's address will focus on his thoughts about the opportunities he saw for New Zealand companies and organisations in Latin America. Following his remarks there will be a time for questions then an opportunity for networking.
 
In our last newsletter we gave a preliminary report on part of the Minister's mission, which was organised by the three government agencies who are on our board: MFAT, NZTE and Education New Zealand (ENZ). You can find more detail about the Minister's mission in our Current Developments section of this issue.

The Minister's address is supported by the Victoria Institute for Links with Latin America.

When: 12 - 1pm, Friday 19 June 2015. A light lunch will be provided after the event.

Where: Victoria University, Level 4, 50 Kitchener Street (next to Chancery Lane), Auckland
Cost: $35 for LANZBC members, $45 for non-members (excl. GST)

To register for this event please fill in the form here.

We look forward to seeing you there!
CHANGES TO THE LANZBC BOARD OF DIRECTORS
Following the approval of the new Constitution at the SGM earlier this month, the Council are pleased to report that Education New Zealand (ENZ) now hold an ex-officio Directorship.
ENZ is the Government’s international education marketing and development agency. 
 
The Board are therefore delighted to introduce Lisa Futschek as ENZ's ex-officio Director. Lisa is Regional Director, Americas, Japan and Korea, and joined ENZ in 2013 after an 18 year diplomatic career with the Ministry of Foreign Affairs and Trade, which included postings in Chile and Germany. 
Milestones for Latin America since her appointment have been bedding-in the Penguins Without Borders Chilean High School scholarship scheme, increasing participation numbers of Brazilian university students studying in New Zealand under the Science Without Borders scholarship scheme, and introducing Minister Steven Joyce to the many opportunities offered by the region during his 10 day visit to Chile, Colombia and Brazil in April 2015. Lisa holds undergraduate honours degrees in English and Music from Otago University and a Postgraduate Diploma in Broadcast Communication from Auckland University.
ECUADOR: THE CITIZEN'S REVOLUTION
Council members and friends were treated to a captivating address on Ecuador's Citizens' Revolution this month from His Excellency Leonardo Arizaga, Ecuador's Vice-Minister for Foreign Affairs. His talk, which was delivered to an audience of 43 people on 11 May at Victoria University of Wellington, presented the historic transformations Ecuador has undergone since 2007 under President Rafael Correa.

Accompanying the Vice-Minister was Ecuador's Canberra-based Ambassador to New Zealand, Raul Gangotena, who attended our last Prime Minister's lunch in 2013. In attendance too were New Zealand's new Ambassador to Ecuador, Jacqui Caine (a former LANZBC Director); the Ambassadors of Argentina, Brazil, Chile, Cuba and Mexico; and members of the New Zealand Institute of International Affairs.
Vice-Minister Arizaga with VILLA Director Professor Warwick Murray
Vice-Minister Arizaga spoke about the Revolution's achievements and challenges, and how it had recovered a planning role for the state. After noting that he had served under 10 governments, and that transforming the structure of the state was an easy thing to say but a hard thing to do, he outlined the benefits of the Revolution: how Ecuador had lowered its foreign debt; improved its competitiveness; overturned historic tax evasion; redistributed wealth; increased its social investment more than fourfold; moved 1.5 million people out of poverty; halved the income discrepancy between its richest and poorest citizens; and reduced its Gini coefficient.
Left: Cuban Ambassador Maria del Carmen Herrera and Argentine Ambassador Fernando Escalona in attendance.
Right: Audience members included the Chilean and Mexican Ambassadors Isauro Torres and Leonora Rueda
Because of its focus on education, too, students were transferring from public to private schools and scoring higher in international tests, and teachers were being appointed because of their competence not Communist ideology.

As the Vice-Minister also said, however, Ecuador still had to change its productive base away from primary commodities, so was investing more per capita in higher education than any other Latin American country (and sending top students abroad on full Masters and PhD scholarships.) This year, too, the drop in oil prices was leading to a significant fall in national revenue. Even so, Ecuador was now a politically stable high-to-middle income country that was growing above the average rate for the region, had the lowest unemployment rate in South America, and was investing in numerous energy projects.
Internationally, its attempts to protect its ecodiversity while promoting development had underpinned its appeal to the other countries to help it find alternatives to drilling for oil in its national parks, while the Pope had invited President Correa to serve on a panel helping him write a climate change encyclical.

Attendees at this event were unanimous in their appreciation of the chance to learn more about a country that does not feature prominently in our news.
Following the Vice-Minister's talk too they enjoyed the opportunity to talk to him further over refreshments kindly provided by the Ecuadoran government.
Top left: LANZBC President Matthew O'Meagher with Vice-Minister Arizaga.

Above: Ellen Duval (MFAT), LANZBC President Matthew O'Meagher, Brazilian Ambassador Eduardo Gradilone, Argentine Ambassador Fernando Escalona, Vice-Minister Leonardo Arizaga, Mexican Ambassador Leonora Rueda, VILLA Director Professor Warwick Murray, Chilean Ambassador Isauro Torres, and Canberra-based Ecuadoran Ambassador Raul Gangotena
If you are running an event, that relates to business between New Zealand and Latin America, please email us at info@lanzbc.co.nz as we may be able to promote it via our newsletter.

Current Developments

New Zealand & Latin American Relations
LATIN AMERICA: 3 COUNTRIES, 5 CITIES, 10 DAYS
The below article is an extract from Education New Zealand's full report on Minister Steven Joyce's 10 day trade mission to Latin America.

Latin America went all out in welcoming Minister Steven Joyce on his first trip to the region, with Chilean volcano Puyehue putting on an extra special fireworks display to mark the occasion.

Minister Joyce visited Santiago, Bogota, Sao Paulo, Cuiaba and Brasilia undertaking a comprehensive programme focussing on international education but also covering his other portfolio areas of science, innovation and economic development.
This was Minister Joyce’s first visit to Latin America, and it was a great opportunity for him to experience the culture of doing business in the region as well as to get a first-hand impression of the opportunities.  

Simultaneously, ENZ Chief Executive Grant McPherson led a high-level university delegation comprised of Victoria University Vice Chancellor Grant Guilford, Otago University Deputy Vice Chancellor Richard Blaikie, Lincoln University Deputy Vice Chancellor Jeremy Baker and South America specialist Maria Duter, as well as UNZ Executive Director Chris Whelan.
Left: Minister Joyce with the Education delegation and Caroline Bilkey, NZ Ambassador to Brazil (4th from left) and embassy staff.
Right: Education delegation after the icare breakfast presentation.
With a combination of business and educational engagements throughout the 10 day trip, the Minister particularly valued the chance to speak with New Zealand alumni.
Visits to New Zealand firm Glidepath – currently installing a new baggage system in the Santiago airport; the state of the art distribution centre run by Soprole – the largest dairy company in Chile, owned by Fonterra, and to the Sao Paulo office of Dunedin based tech solutions firm AdInstruments, all reinforced the message that New Zealand’s innovation and experience could be utilised in developing Latin American trade.
His various conversations with Chilean Penguins without Borders' students, Brazilian Science without Borders’ students and Colombian Colfuturo scholarship recipients confirmed that the messages being promoted on New Zealand’s high quality education, safe and creative learning environment, and the building of lifelong friendships and connections all ring very true.

The Minister’s visit generated considerable media interest and was covered by television, radio and press.
Education New Zealand’s full report on Minister Joyce’s visit can be found here.
Sources: Education New Zealand; Twitter: @stevenljoyce
SEMILLERO RURAL SCHOLARSHIP ENTERS ITS FOURTH YEAR
"Semillero de Rural" - the Chilean Ministry of Agriculture's scholarship scheme for Rural Agriculture High School students from the regions of Chile continues for another year with 35 students enrolled in Programmes at the National Trade Academy (NTA) and Otago Polytechnic.

The 18 students enrolled with NTA are participating in a English plus Agriculture Programme for 18 weeks followed by 7 months working on a dairy farm before returning to Chile to apply their skills and knowledge gained whilst studying in NZ.

The Semillero de Rural scholarship was the pilot for the Primary Sector Trainee Visa recently approved by Government.
2015 “Semillero de Rural” Scholarship students and tutors at the National Trade Academy
LATIN AMERICA: LAYING THE FOUNDATIONS
IN AN EMERGING MARKET
It has been just under two years since Tourism New Zealand set its sights on Latin America, identifying it as an emerging visitor market with significant potential for New Zealand. Tourism New Zealand committed to investing early within Latin America, to build demand and provide leadership and support for New Zealand tourism businesses.

Intending to build awareness of New Zealand as a holiday destination, their primary focus is in Brazil, followed by Argentina, Chile and Mexico. Read more.

Member Highlights

Sharing our members' stories and success
YEALANDS FAMILY WINES DELIVERING A TASTE OF
NEW ZEALAND TO BRAZILIAN CONSUMERS
Winner of the 2014 International Wine and Spirit competition's 'New Zealand Wine Producer of the Year' award, Yealands Wine Group  report on their entry into the challenging Brazilian market below.
Each year Brazilians’ consume over 400 million litres of wine, the majority of which is produced in Brazil, or imported from Chile and Argentina. The trade agreement between Brazil, Chile and Argentina has resulted in lower taxes, compared to those charged when importing from other markets worldwide. So, why is it that consumers are now looking to the small country of New Zealand for their next glass of wine?
Premier sustainable New Zealand wine producer, Yealands Family Wines was first introduced to the Brazilian market in 2010 at the annual Expovinis; the largest wine fair in South America.
During the show, the Yealands Estate Single Vineyard Sauvignon Blanc was awarded the Best White Wine of the Fair, above thousands of other competing wines. Owner and Founder, Peter Yealands, was himself at the fair, and people loved both Peter and his award winning Sauvignon Blanc. 
Yealands have a strong focus on sustainability and are carboNZero certified which demands year-on-year improvement in managing and off-setting their carbon emissions and ensures that sustainability remains at the very core of their operational and strategic decisions.
Their winery building was the first in the world to be carboNZeroCertTM from inception and they continue to think and act differently. New innovations such as recyclable PET bottles, miniature Babydoll sheep, burning of baled vine prunings and playing classical music to the vines, all signal this active sense of vision.

Twin aspirational goals of energy self-sufficiency and ‘carbon negative’ status have resulted in one of New Zealand’s largest solar panel installations across the entire northern side of the Yealands Estate Winery generating a potent 133,000 kilowatt hours per year.
Ever since, Yealands have invested significantly to build local knowledge of New Zealand wine, while showing wine lovers that there is more to New Zealand than beautiful landscapes, sheep, bungy jumping and rugby.

To develop and create awareness of their wines, Yealands appointed a full time business development manager based in Brazil. The right person for this job was Kanarek Junior, a Brazilian winemaker who had worked in the New Zealand wine industry for over 10 years and had excellent experience within the Yealands winery and vineyards. A key responsibility has been to engage many gatekeepers and consumers alike and educate them on NZ wine.

The Brazilian market has not come easy, having to compete against cheaper imports from domestic wine production as well as Chile and Argentina . Consumers are however beginning to recognise the qualities of New Zealand wine which make it so well regarded around the world in particular Marlborough Sauvignon Blanc supported by increasing awareness of Pinot Noir.
The highly acclaimed Peter Yealands range of wines are available at the largest supermarket chain in Brazil, Pão de Açúcar, which have more than two hundred stores nationwide.

The range available has grown significantly over the years, and now includes Sauvignon Blanc, Pinot Noir, Riesling, Merlot, Pinot Gris and Gewürztraminer.
In late 2014, Yealands further expanded their portfolio in Brazil to include The Crossings, which now supplies restaurants, delis and wine stores. The timing was perfect, as The Crossings Sauvignon Blanc had just won the Trophy for Best New Zealand Sauvignon Blanc at the prestigious International Wine and Spirits Competition (ISWC) in London.

Yealands have focussed heavily on tasting events, where consumers are able to taste the wines first hand and learn about their focus on creating great tasting wines which don’t cost the earth.

Step by step, Brazilian consumers are becoming a big supporters of New Zealand wines, and Yealands are very proud of being one of the first to build a presence in the market heavily dominated by cheaper imports. 


Latin American News Links

WHY YOUR ECOMMERCE BUSINESS SHOULD LOOK TO BRAZIL
According to a study by Internet Retailer, Latin America is the second fastest-growing ecommerce market in the world. Even Amazon, with its finger ever on the pulse of great opportunities, raked in $475m in Latin American web sales in 2013, indicating that the market’s growth is no passing fluke.
And at the heart of Latin America’s ecommerce growth lies Brazil. Of the 500 ecommerce businesses ranked in the Internet Retailer study, 299 are based there. With Brazil’s tech-savvy population, in which more than 60 percent are under the age of 30, the country offers an appealing audience for hopeful online merchants.

So how can small ecommerce businesses tap into Brazil? It’s no cakewalk, but with a little knowledge and planning, they too can reap Brazil’s rewards. Read more.
BRAZIL AND CHILE LEADING STRONG SOUTH AMERICAN RENEWABLE ENERGY GROWTH TO 2017
Research from consulting firm GlobalData indicates that Brazil and Chile will spearhead renewable energy additions in South America to 2017. Brazil’s cumulative installed capacity will expand from 19.8 GW in 2013 to over 32.9 GW by 2017, representing a Compound Annual Growth Rate (CAGR) of 4.17 percent.
GlobalData’s latest report also states that Chile will see the fastest increase in renewables over the forecast period, with cumulative installed capacity rising from just 1.06 GW in 2013 to 5.37 GW by 2017, at an impressive CAGR of 50.12 percent. Read more.
VOLKWAGON TO INVEST $1-BILLION IN MEXICO
German car maker Volkswagen AG will invest around US$1-billion to expand its plant in Mexico’s Puebla to produce the new Tiguan compact. The investment is focused on new high-technology assembly lines and will generate 2,000 jobs, said Andreas Hinrichs, CEO of Volkswagen Mexico. Read more
 
URUGUAY TO RECEIVE 50-MEGAWATT WIND FARM TURBINES
Gamesa Corp. Tecnologica SA, Spain’s biggest wind-turbine maker, agreed to supply 50 megawatts of equipment to the Spanish developer Smartener for a project in southeast Uruguay. The company expects to deliver the 25 turbines in November to the Maldonado II wind farm, according to a statement on Gamesa’s website. Read more


Arts & Culture

FIFA U-20 WORLD CUP SHOWCASES
FUTURE TALENT OF GLOBAL GAME
Organisers of the upcoming FIFA U-20 World Cup are expecting the tournament to be the greatest display of football ever seen on New Zealand shores attracting a new generation of fans into the sport.

The much-anticipated 52-match competition gets underway on 30 May with New Zealand taking on the Ukraine at Auckland’s North Harbour Stadium. The tournament takes place at venues nationwide with matches also scheduled for Christchurch, Dunedin, Hamilton, New Plymouth, Wellington and Whangarei.
Local Organising Committee CEO Dave Beeche says the tournament will feature some of the future superstars of world football many of whom already grace the dressing rooms of some of the top club sides in Europe. “It will be the greatest display of football this country will have ever seen” Dave Beeche says.
 
New Zealand Football CEO Andy Martin believes that with the quality of football on show, New Zealand football audiences both on and off the field will benefit the game. "From the perspective of players, officials and spectators, the FIFA U-20 World Cup New Zealand 2015 is an opportunity not to be missed,” Martin says.
 
The Government has contributed $5.5 million to the tournament, which is being broadcast to over 100 countries with a probable global TV audience of 170 million.
Away from the football, the Local Organising Committee is working with Host Cities across the country to guarantee a fan experience to match what’s happening on the pitch. Located in all seven host cities will be a fan hub known as ‘Fever Pitch’. The areas are expected to play an important role in connecting the public with the tournament, and engaging with and informing them about the beautiful game. For further information on Fever Pitch, click here.
The FIFA U-20 World Cup kicks off on 30 May and runs for three weeks with the final at North Harbour Stadium on 20 June. Twenty-four nations from six FIFA confederations have qualified to compete in the 20th edition of the tournament. Details of the teams, matches and news from the tournament can be found hereSource: FIFA.com


Facts & Figures

In this section we will bring some facts and figures about Latin America that will give you an insight into the market, the culture or at least make you look smart if you drop it in a conversation when entertaining a client or at a business meeting.
  • Of the 17 FIFA U-20 World Cup tournaments held, only eight nations have won the title. Argentina is the most successful team with six titles, followed by Brazil with five titles. Source: FIFA.com
  • Brazil has the 2nd highest number of airports in the world, after the U.S. Source: Factslides.com
  • In Latin America and the Caribbean, internet penetration has increased from 4 to 33 users per 100 inhabitants between 2000 and 2009. Source: Cepal
  • Latin America and the Caribbean contribute 11% of the value of world food production and represent 24% of the world’s arable land. Source: Inter-American Development Bank
  • Latin American countries with the largest number of international tourist arrivals in 2013 were, (in millions): Mexico (23.73), Brazil (5.68), Argentina (5.57), Dominican Republic (4.69) & Chile (3.58). Source: Satista.com
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