MESSAGE FROM THE CANADIAN EMBASSY

WHO'S WHO AT THE EMBASSY

When you visit or call the Canadian Embassy in Ecuador (2232-114, 2506-162), you will have the pleasure of being greeted by our bilingual Receptionist, Raquel Bahamonde [email protected].Raquel can provide general information on Embassy services, answer your questions, and/or direct you to the person who can best serve you. If your enquiry is trade related, Mark Richardson, our recently-arrived Trade Program Manager (mailto:[email protected], cel. 099-786-401), and Ricardo Valdez, our veteran Commercial Officer [email protected], cel. 098-149-534, can assist in your language of choice. If you represent a Canadian company and need market prospecting services, visit information, key contacts, a face-to-face briefing, local company information or troubleshooting, Mark and Ricardo will be pleased to provide you with the assistance you require. For Ecuadorian clients, Mark and Ricardo can help match their needs with the appropriate sources of Canadian products and services. Visit https://www.dfaitmaeci.gc.ca/ecuador/trade-en.asp to find out more about how the Commercial Section can assist you. If your enquiry is consular related, Consul Lisa Almond [email protected], cel. 099-825-345 or Consular Officer Maria Lorena Pasquel [email protected] can answer your questions in English, French or Spanish. They provide the following services: assistance to Canadians in distress; passport issuance (in about 5 working days); processing of citizenship documentation; legal/notarial services such as executing affidavits, statutory declarations, certifying copies; registration of Canadians who plan to be in Ecuador for more than 3 months; and provision of information on Canadian pensions plans, customs, elections, and tax issues. The Embassy also publishes a travel report on Ecuador, as well as other publications providing tips on living abroad, travelling alone, etc. For more information on Consular Services or to register with us, please visit https://www.dfait-maeci.gc.ca/ecuador/assistance-en.asp For immigration matters, our Immigration Assistant [email protected] there to help, and is responsible for accepting immigrant and non-immigrant applications, taking the appropriate fees, and responding to enquiries. Once received, the applications are sent to Bogot� where the decision on whether or not to grant the visa is made. Information on requirements and fees is available at the Embassy during its hours of operation. Please note it takes between 8 and 10 working days to process a request for a Temporary Resident Visa (TRV). Visit https://www.cic.gc.ca for more information. Veronica Fierro [email protected], cel. 098-119-308 is Ambassador Otch von Finckenstein's Executive Assistant and the person to contact if you would like to request a meeting with the Ambassador. Veronica coordinates the Ambassador's agenda and social engagements, and is always ready to assist in whatever way she can. Ambassador von Finckenstein [email protected], cel. 099-808-823 - a veteran Trade Commissioner with 26 years in the Canadian foreign service and 6 assignments under his belt - is always happy to hear from any Canadian whether resident or visiting, or from any Chamber member with a project of Canadian interest. He welcomes you to visit the Embassy and our website https://www.quito.gc.ca to find out more about how his team can serve you.


SERVICES

Other than the Trade Mission to Canada in October and the Trade Fair in Quito in November, what else is new?

- This Newsletter for one!

- FULL SIZE Member Certificates are now available and will be distributed over the next few weeks. Layout and color are distinctive. Display proudly in your office or reception area.

- We have a revised Brochure available in the Chamber offices and at Chamber events. This brochure will be distributed to the Canadian Embassy in Quito as well as to the Ecuador Embassy and Consulates in Canada.

- We have added a Member Services Table to our Luncheons. You are welcome to bring your corporate literature for distribution and provide a representative to explain your services.

On the social side we have our Thanksgiving Dinner featuring imported Atlantic lobster on October 11. The next major event will be a golf clinic followed by 9 holes of golf and dinner on November 14.


MESSAGE FROM 1st VICE PRESIDENT

DEVELOPMENT THROUGH MEMBERSHIP EFFORTS


I would like to re-iterate what I said during our last luncheon of September 18./03: � I feel proud to be an active member of Ecuadorian Canadian Chamber of Commerce� .

I am convinced that Ecuador is an important place to do business and offers many special opportunities for foreign investors. This is why your Chamber is working hard in increasing its membership and giving to its Members new services: trade shows, luncheons with distinguished speakers, social events, opening of new branches as the one in Guayaquil, and organizing its first business mission to Canada. We are strengthening opportunities for Ecuadorian and Canadian entrepreneurs in areas like tourism, agriculture, forestry, mining, fishing and aquaculture.

We as members should keep supporting , locally and internationally, every effort towards growing and invite investors to see in Ecuador the following positive factors: A: The dollarization exchange system that avoid exchange-rate risk .

B: The freedom to the entry and departure of capitals.

C: The free trading of goods and services. D: The Ecuadorian guarantee for non- discriminatory treatment of foreign organizations awarding those that provide relevant services to the country.

E: The diversity of our natural and geographic resources that have gained worldwide recognition for their excellence and quality.

If our Members and prospective Members are interested in the support that we, as a bi-national chamber, are offering, please do not hesitate to contact with us to satisfy our mutual objectives of working together.

Please recommend to us your friends and business associates. With a strong structure Ecu-Can will extend its branches to Cuenca in order to be a real national chamber in Ecuador.

Best Regards,

Diego Mosquera
VP and Chairman of the Membership Committee


LA CAMARA DE COMERCIO ECUATORIANO - CANADIENSE EN GUAYAQUIL

En esta oportunidad tengo el agrado de dirigirme a la Comunidad Ecuatoriano � Canadiense de Negocios, para dar a conocer el nuevo proyecto de servir eficientemente a todas las necesidades de esta comunidad en la ciudad de Guayaquil.

Guayaquil como Puerto Principal del Ecuador con su actividad Econ�mica, Industrial y Comercial son el eje de producci�n en nuestro pa�s. Esto se ha reflejado tambi�n en un inter�s en la Comunidad Ecuatoriano � Canadiense en tener su C�mara para que lo represente.

La C�mara de Comercio Ecuatoriana � Canadiense, en Guayaquil esta siendo constituida como una persona jur�dica de derecho privado, sin fines de lucro, cuyo prop�sito es impulsar nuevos caminos para el desarrollo de las distintas actividades productivas de ambos pa�ses.

Gracias al apoyo de la Embajada de Canad�, el Consulado de Guayaquil y un selecto grupo de profesionales y empresarios, quienes voluntariamente est�n aportando con sus conocimientos, tiempo y esfuerzo para que esta C�mara tenga vida institucional.

El fin de esta nueva C�mara es el de facilitar, fortalecer y fomentar las relaciones Comerciales, Econ�micas, Medio Ambientales, Tur�sticas, Sociales y Culturales mediante la participaci�n activa de la membres�a de los sectores empresariales de Ecuador y Canad�.

Para este prop�sito nos permitimos presentar a ustedes el siguiente Directorio:

Presidente Honorario. Otch Von Finckestein. Embajador de Canad�.

Presidente de la C�mara. Ing. Gustavo Costa Von Buchwald

Vicepresidente Ing. John Megson

Secretario Honorario Sr. Ricardo Valdez

Asesor Jur�dico Abog. Vicente Dur�n Cornet

Secretaria Ejecutiva Solange De Luca

Directores Principales:

Peter Bohman, Basil Haylock, Antonio Montane, Samuel Reyes, Isidro Icaza Ponce, Pilar Mayo Vilaseca, Pa� l Palacios Alfredo Jurado, Francisco Ferreti, Antonio Kozhaya, C�sar Meza.

Para lograr la obtenci�n de un mejor futuro de ambos pa�ses e ir cumpliendo nuestras metas como C�mara, estamos �ntimamente comprometidos en l crecimiento y desarrollo de Nuestra C�mara de Comercio Ecuatoriano � Canadiense de Guayaquil.

Hacemos una cordial invitaci�n a todos los empresarios de la comunidad Ecuatoriano � Canadiense que deseen darse una oportunidad y ser parte de este gran esfuerzo.

Sinceramente,

Ing. Gustavo Costa von Buchwald.
Presidente C�mara de Comercio Ecuatoriano � Canadiense
Guayaquil.



SECURITY REPORT

MANAGING PROJECT RISK � ECUADOR


The purpose of this article is to assist Canadian investors with some frank advice on how to manage the realistic hazards associated with working in Ecuador.

Risks - General

When operating within a different culture, minor issues can quickly become major operational and liability risks. Accordingly, managing the local paradigm of � corrupt business practices� , expatriate personnel orientation and basic emergency planning (such as medical and missing persons response) are foundational issues; not afterthoughts. They must be pro-actively addressed in a coherent fashion from the beginning.

As in any Latin location, opportunistic street crime is a considerable nuisance. Correct transportation, proper employee street-wising and reasonable physical security measures are necessary.

Not least, it should be considered that the leading cause of project disruption and security hazards in the field are the result of poor community relations. Pro-active CR must be a leading component of any project management plan and it must be integrated (and this is the key) with almost all other project functions to remain effective.

Risks � Regional

Due to its geography, lines of communication, internal corruption and � dollarized� economy, Ecuador is an ideal logistical support base for the various guerrilla and criminal networks operating within the Region � principally into and out of Colombia and Peru. The movement of contraband, weapons and supplies and the laundering of money are several key examples.

The � spreading of the conflict� from Colombia (for example) is not a direct threat at this time. It is indirect. The resources and money generated by the � logistics support concept� is resulting in an organized criminal network within Ecuador that is extensive, largely silent and well financed. For a variety of reasons (among them resources) Ecuador is not confronting these issues directly.

As the sophistication and resources of these professional criminal groups increases, so too will their � capacity� to affect the Establishment and business - directly or indirectly. Predicting their intentions at a � tactical� level is a full-time pre-occupation for many professional intelligence groups.

Ensure you have access to such analysis and that someone is assigned the role of advising you of any clear and present threats to your project specifically; as might emerge over time.

Risks - Information

The leading threat to any business today is the intercept and theft of proprietary plans and competitive information. This is achieved easily through inside information, hardcopy document theft, the hacking of computers and the blind-copy intercept of sensitive un-encrypted e-mail communications.

Associated with this is the fact that the most dangerous financial and physical security threats have as their genesis a target which is exposed and easily penetrated � to gather the information necessary to plan.

It is not enough to order your IT people to throw up some firewalls. An information management system is necessary that integrates permissions on information, handling procedures (physical and electronic), use of encryption, hard copy document storage, use and preparation of laptops and document filing and tracking.

Your Strategy

A piecemeal and hap-hazard approach does not work. Regardless of the size of your project, the key is to integrate all of these issues into a coherent and mutually reenforcing strategy. It does not take a lot of thought really to appreciate (for example) that your physical security measures, your information security system and your financial controls are all inextricably linked.

Every business is different and so threat and hazard dynamics will vary. Start with a good assessment of the various threat scenarios that could seriously affect your project and try not to become overly-focussed on just the direct physical threats. Based on this threat spectrum, determine the linkages and then seek professional advice to confirm threat specifics and to simplify and integrate your protective posture.

Because your project and the threats associated with it are seldom static, revise your program regularly.

The Results

Within your business management plan, a protection strategy will emerge. Implement it�s protocols early and then regularly revise them and train your key people. The results will be a safe environment for everyone involved, few surprises and the efficiency that comes from always working on hazard prevention and avoidance.

David G. Hirter B.A. CD

Protection Solutions International
Quito Office: 593.22.441.312
Calgary Head Office: 403.770.6020



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