2005 was a year in which the country's economic recovery continued. At the same time, many laws passed by the National Government came into effect, laws that influence the trade exchange and business development.


To this respect, VenAmCham organized various timely and successful meetings in the capital and in various other cities in Venezuela to guide the Chamber's members and the general public.

VenAmCham organized a total of 34 events throughout the country, with 6.409 attendees



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  • · 2005 Economic Perspectives:
    January 25, Caracas
    Attendees: 430

    - Outlook on the Market and Public Opinion:
    Edmond Saade

    - Labor Market Outlook:
    Raúl Maestres

    - Energy Outlook:
    Andrés Gluski

    - Economic Outlook:
    Gustavo García

    - Financial Outlook:
    Luis Zambrano

    - Political Outlook:
    Teodoro Petkoff / Ana María San Juan
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  • 2005 Economic Perspectives:
    February 01, Barquisimeto
    Attendees: 140

    - Economic Scenario:
    Luis Vicente León / Datanalisis

    - Agricultural Outlook:
    Juvenal Arvelaez

    - Market Outlook:
    Marisol Figueira / Datos Informations Resourses

    - Labor Market Outlook:
    Arelis Díaz / Alimentos Kellogg, S. A.

    - International Outlook:
    Asdrúbal Aguiar

    - Moderator:
    Antonio Herrera-Vaillant, VenAmCham Vice-president and General Manager

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  • 2005 Economic Perspectives:
    February 02, Valencia
    Attendees: 146

    - Economic Outlook:
    Miguel Ángel Santos / I. E. S. A.

    - Labor Market Outlook:
    Arelis Díaz / Alimentos Kellogg, S. A.

    - Market Outlook:
    Joseph Saade / Datos Information Resources

    - Social Outlook:
    Padre Armando Janssen / Main Counselor Grupo CESAP

    - Business Outlook:
    Alberto Vollmer / C. A. Ron Santa Teresa

    - Port Outlook:
    Contralmirante Carlos Aniasi Turchio / Presidente of I. P. A. P. C.

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  • 2005 Economic Perspectives:
    February 23, Maracaibo
    Attendees: 100

    - Economic Outlook:
    Rodrigo Cabezas, President of the Financial Commission of the National Assembly

    - Market Outlook and Public Opinion:
    Joseph Saade, Executive Vice-president of Datos Information Resources
    - Energy Outlook:
    Luis Villasmil / Vice-president of VenAm    Cham's Energy Committee

    - Labor Market Outlook:
    Clementina Gómez / Alimentos Kellogg, S.A

    - Political Outlook:
    Ángel Lombardi / Director of the "Cecilio Acosta" University

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  • COOPERATIVES: Solutions and Opportunities for Companies and the Society
    February 03, Caracas
    Attendees: 121

    - Moderator:
    Josefina Castellanos/ and President of VenAm    Cham's Outsourcing Committee

    - History of Cooperatives:
    Luis Delgado, Consultant to the United Nations on Community Organizations

    - Legal Principles:
    José Ángel Cobeña / Baker & McKenzie

    - Successful Cases of Cooperatives in Venezuela - Cecocesola: From a Vertical Company to a Co-management Cooperative:
    Roberto Montesinos / Venequip

    - Successful Cases of International Cooperatives:
    Ernesto Vogeler - Protinal-Proagro Ramón Bolívar - General Director of Inlaca Corporation (-Dairy Partners Americas- Fonterra-Nestlé)

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  • COOPERATIVES: Solutions and Opportunities for Companies and the Society
    March 09, Valencia
    Attendees: 72

    - History of Cooperatives in Venezuela:
    Luis Delgado/ Organization of Participative Management Cooperatives.

    - Legal Principles:
    Yaica Weber / Organization of Participative Management Cooperatives. Héctor Landinez / Representative of the National Cooperative Superintendence

    - Successful Cases of Cooperatives in Venezuela.
    Panel CECOSESOLA

    - Successful Cases of International Cooperatives:
    Roberto Montesinos / President of Venequip. From a Vertical Company to a Co-management Cooperative.

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  • COOPERATIVAS Soluciones y oportunidades para las empresas y la sociedad
    March 10, Maturín
    Attendees: 135

    - Historic and Legal Aspects in Matter of Cooperatives
    José Armando Sosa / Travieso Evans Arria Rengel & Paz

    - Financial Offer for the Creation of Cooperatives
    Nelson Rodríguez / Director of the Monagas State Credit Fund (Foncrem). José Porras / Manager of the Banfoandes Monagas branch. Hermelinda Cabello / Society of Reciprocal Guarantees (the regional institute in charge of processing securities for small- and medium-sized companies)

    - Successful Cases of Cooperatives in Venezuela
    Gustavo Salas and Teresa Correa / Lara State Cooperative (Cecosesola). Ernesto Vogeler / Protinal-Proagro. Roberto Montesinos / Venequip.

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  • Real Estate Perspectives
    February 16, 2005
    Attendees: 132

    - Presentation
    Oswaldo H. Lafranconi / President of the Real Estate Committee, President of Ferca Rentals Bienes Raíces S.A.

    -     Financial Perspectives
    Andrés Simón Azpúrua / President of Banpro.

    - Legal Perspectives
    Joel Bracho, Lawyer

    - Perspectives for the Residential Property Market
    Juan Vicente Álvarez / Ex President of the Venezuelan Real Estate Chamber

    - Perspectives for the Office Space Market as
    Ignacio Benavides / Vice-president of Real Estate Sales Fund S.A.C.A.

    - Perspectives for the Commercial Centers and Locals
    Arnold Moreno Fernández / President of the Venezuelan Commercial Center Chamber

    - Perspectives for the Industrial Property Market
    Beatriz Yilo / General Manager of CB Richard Ellis Venezuela. Alfred Scheer / Director of Vantage-Colliers Real Estate Engineering

    - Perspectives for the Residential Rental to Foreign Executives and Members of the Diplomatic Corps
    Francisco M. España / Director of Ferca Rentals Bienes Raíces S.A.

    - Perspectives for the Construction Sector
    Álvaro Sucre Fagré / President of the Venezuelan Construction Chamber


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  • Social Perspectives
    March 30, 2005, Caracas

    - Presenters:
    Imelda Cisneros, President of VenAm    Cham; Gustavo Marturet, President of Banco Mercantil; Father Armando Janssens, President of Sinergia Civil Association; Joseph Saade, Exec. President of Datos Information Resources; David McLachlan-Karr, resident representative of the PNUD in Venezuela; Ilse Castellanos, Public Affairs Manager for Statoil; María Emma Jaramillo, Director of Corporate Development for Fundación Carvajal



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  • Social Perspectives
    May 03, 2005, Barquisimeto
    Attendees: 215

    -Presentation
    Margarita Méndez de Montero / Exec. Director of VenAm    Cham's Social Alliance

    - A New Social Paradigm in Times of Uncertainty
    Father Armando Janssens / President of A.C. Sinergia

    - Social Responsibility, a Global Commitment
    Perla Puterman / Management Consultant

    - Social and Economic Changes of Venezuelans. History and Perspectives.
    Alie Charr / Vice-president Ad Hoc of Customer Service of Datos Information Resources

    - RedDes Project
    Prof. José Enrique Achue / Coordinator of the Social Program Management Graduate Program, "Lisandro Alvarado" Central Western University

    - The World Bank in Venezuela: Social Perspective.
    Maria Magdalena Colmenares / Senior Social Specialist of the World Bank in Venezuela

    - Successful Cases of Social Investment and Good Corporate Practices.
    Social Commitment / CANTV
    Alcatraz Project / Ron Santa Teresa
    Social Responsibility / Banesco Banco Universal
    Social Investment / Kraft Foods Venezuela


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  • Biz After Hours
    March 10, 2005, Margarita
    Attendees: 198

    VenAm    Cham organized for the first time its traditional Biz After Hours on Margarita Island, where the Chamber's Oriental Insular office is located. Many high executives from the island attended the cocktail, as well as officials from the regional government, like State Governor Morel Rodríguez, who took advantage to make contacts at this big social event of Margarita's business community.

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  • Biz After Hours
    May 19, 2005, Caracas
    Attendees: 625

    Venezuelan business people and VenAm    Cham members enjoyed once more the popular Biz After Hours cocktail in Caracas, an extraordinary opportunity to make contacts during a great social event. Antonio Herrera-Vaillant, Vice-president and General Manager of VenAmCham, welcomed all those present and opened the event, accompanied by the members of the Chamber's Board of Directors and other special guests.


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  • Biz After Hours
    October 19, 2005, Caracas
    Attendees: 630

    Venezuelan business people and VenAm    Cham members enjoyed once more the popular Biz After Hours cocktail held in Quinta La Esmeralda in Caracas, an excellent opportunity to exchange business information within the context of a great social event.

    Imelda Cisneros, President of VenAm    Cham, was present, as well as Antonio Herrera, the Chamber's Vice-president and General Manager, and Alba Castro, Customer Service Manager.

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  • Biz After Hours
    November 03, Valencia
    Attendees: 300

    VenAm    Cham's Central Region held its successful Biz After Hours. The cocktail was attended by high executives, who had the opportunity to make business contacts in an informal social environment.

    During this event, VenAm    Cham's Central Region (Aragua y Carabobo) welcomed its new 2005 members.


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  • Seminar: Corporate Social Investment
    April 15, 2005, Barquisimeto
    Attendees: 24

    - Presenter
    Mireya Vargas

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  • Credit Democratization
    May 31, 2005, Caracas
    Attendees: 65

    - Presentation
    Antonio Herrera Vaillant, Vice-president and General Manager of VenAm    Cham

    - Financing Options
    Nelson Ortiz President of the Caracas Stock Exchange

    - Impact of Financing on the Housing Market of Social Interest
    Juan Guillermo Álamo, Promoter of Ciudad Casarapa

    - New Opportunities for the Private Sector in the Area of Small Business Credit
    Rafael Ramones and Maximiliano Vásquez, FINANPYME
    Francisco Maggi, Exec. Vice-president of Microfin

    - Social Impact of Small Business Credit
    Juan Uslar, President of Bangente

    - Regional Experiences with Small Business Credit
    Manuel Malaret, Andean Chamber for Public Works.

    - Government Financing of Development Projects
    Edgar Hernández Behrens, BANDES

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  • Crime Repression and Human Rights
    June 14, 2005
    Attendees: 41

    - Introduction
    Franklin Chaparro Rojas, President of VenAm    Cham's Loss Prevention and Control Committee

    - Violence Situation in Venezuela
    Roberto Briceño León

    - UN Recommendations and International Treaties on Police Control of Violence
    Fernando Fernández, Member of VenAmCham's Loss Prevention and Control, Lawyer at Baker & Mckenzie

    - Human Rights Violations: The Role of the Ombudsman's Office. Extermination Groups
    Germán Mundaraín, Ombudsman

    - Report on Para-police Groups
    Liliana Ortega - Cofavic

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  • Reform to the Constitutional Law on Occupational Accident Prevention, Conditions and Environment
    July 06, 2005
    Attendees: 159

    - Introduction:
    Eduardo Ortega, President of the Safety, Hygiene and Environment Committee.

    - Main Reforms to the Law
    Gaudys Martínez
    Legal Consultant to the National Institute on Citizen Safety, Health and Prevention (INPSASEL), subscribed to the Labor Ministry

    - Aspects to Consider Concerning the New Law
    Manuel Díaz Mujica
    Partner at Baker & McKenzie.

    - Impact of the Reform to the Law on Companies
    Francisco Casanova, Andrade Casanova Law Offices

    - Occupational Accidents and Illnesses in the Context of LOPCYMAT, Risk and Prevention
    Juan Carlos Varela, Partner at Steel Hector & Davis

    - Lawsuits Due to Occupational Accidents
    Carlos Godoy, Partner at Benson, Pérez Matos, Antakly & Watts


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  • Application in Venezuela of the International Accounting Regulations (NICs) and International Regulations on Financial Information (NIIFs)
    July 20, 2005
    Attendees: 167

    - Introduction
    Enrique Mata, President of VenAm    Cham's Finance Committee

    - An Outlook on the World: Europe
    Laetitia De Mori - Deloitte

    - Latin America - Case: Costa Rica
    Juan Carlos Lara, Member of Horwath Central América

    - Latin America - Case: Peru
    Carlos Loo, PriceWaterhouseCoopers

    - The NICs in Venezuela - The Challenge
    Eduardo Morales, National Securities Commission CNV
    Edgar Martínez, Consultant

    - Experience of the Multinational Company - Case: Telefónica
    Antonio Valente

    - Accepting the Commitment: the First Step to Adoption - Case: Electricidad de Caracas, an AES company
    Germán Blanco

    - The NICs / NIIFs and the Information Systems
    Antonio Noguera, Mendoza, Delgado, Labrador & Associates / Ernst & Young

    - Fiscal Implications
    Carmen Cancela, Espiñeira Sheldon & Associates


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  • Seminar on the Law Against Illicit Currency Exchange
    July 26, 2005, Caracas
    Attendees: 271

    - Analysis of Relevant Aspects of the New Law Against Illicit Currency Exchange
    Farid Antakly / Benson, Pérez Matos, Antakly y Watts

    - Why a Law Against Illicit Currency Exchange?
    Rep. Elvis Amoroso, Dr. Luis García Flores / National Assembly

    - Economic Impact of the New Law
    José Grasso Vecchio / Banco Venezolano de Crédito

    - Penal Impact of the New Law on Individuals
    Juan Martín Echeverría / Escritorio Jurídico Echeverría & Asociados

    - Penal Impact of the New Law on Companies
     Fernando Fernández / Baker & McKenzie

    - CADIVI
    Adriana Golding, Cadivi Consultant

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  • · Seminar on the Law Against Illicit Currency Exchange
    July 28, 2005, Maracaibo
    Attendees: 137

    - Presentation:
    Bernardo Galavís, General Director of the Corporate Center for Reconciliation and Arbitration, CEDCA

    - Moderador:
    Rafael Díaz Oquendo de Borges & Lawton

    - Analysis of Relevant Aspects of the New Law Against Illicit Currency Exchange
    Farid Antakly, Benson, Pérez Matos, Antakly & Watts

    - Penal Impact of the New Law on Individuals
    Juan Martín Echeverría B. / Echeverría & Assoc. Law Offices

    - Penal Impact of the New Law on Companies
    Fernando Fernández, Baker & McKenzie

    - Economic Impact of the New Law
    Alfredo Gordon / Zulia Business People's Union



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  • · Seminar on the Law Against Illicit Currency Exchange
    September 06, 2005, Pto. La Cruz
    Attendees: 121

    - Analysis of Relevant Aspects of the New Law Against Illicit Currency Exchange.
    Dr. Farid Antakly / Benson, Pérez Matos, Antakly & Watts

    - Economic Impact of the New Law
    Dr. Rafael Díaz / Borges & Lawton

    - Penal Impact of the New Law on Individuals
    Dr. Juan Martín Echeverría Becerra / Echeverría & Assoc. Law Offices

    - Penal Impact of the New Law on Companies
    Dr. Fernando Fernández / Baker & McKenzie


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  • Seminar on the Law Against Illicit Currency Exchange
    September 07, 2005, Barquisimeto
    Attendees: 121

    - Moderator
    Antonio Herrera Vaillant, Vice-president and General Manager of VenAmCham

    - Analysis of Relevant Aspects of the New Law Against Illicit Currency Exchange
    Dr. Farid Antakly / Benson, Pérez Matos, Antakly & Watts

    - Economic Impact of the New Law
    Johnny Zafra / Zafer Inversiones, C.A.

    - Penal Impact of the New Law on Individuals
    Dr. Juan Martín Echeverría P. / Echeverría & Assoc. Law Offices

    - Penal Impact of the New Law on Companies
    Dr. Fernando Fernández / Baker & McKenzie


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  • Seminar on the Law Against Illicit Currency Exchange
    September 08, 2005, Valencia
    Attendees: 100

    - Analysis of Relevant Aspects of the New Law Against Illicit Currency Exchange
    Dr. Farid Antakly / Benson, Pérez Matos, Antakly & Watts

    - Penal Impact of the New Law on Individuals
    Dr. Juan Martín Echeverría P. / Echeverría & Assoc. Law Offices

    - Penal Impact of the New Law on Companies
    Dr. Fernando Fernández / Baker & McKenzie

    - Exchange Labyrinth in the Bolivarian Republic of Venezuela
    Alejandro Grisanti / Ecoanalítica

    - Economic Impact of the New Law
    Maxim Ross / Maxim Ross & Assoc.


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  • Seminar on the Law Against Illicit Currency Exchange
    September 13, 2005, Margarita
    Attendees: 121

    - Analysis of Relevant Aspects of the New Law Against Illicit Currency Exchange
    Dr. Farid Antakly / Benson, Pérez Matos, Antakly & Watts

    - Economic Impact of the New Law
    Maxim Ross / Maxim Ross & Assoc.

    - Penal Impact of the New Law on Individuals
    Dr. Juan Martín Echeverría P. / Echeverría & Assoc. Law Offices

    - Penal Impact of the New Law on Companies
    Dr. Fernando Fernández / Baker & McKenzie


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  • Seminar on the Law Against Illicit Currency Exchange
    September 19, 2005, Caracas II
    Attendees: 409

    - Presentation
    Farid Antakly / Benson, Pérez Matos, Antakly & Watts

    - Analysis of Relevant Aspects of the New Law Against Illicit Currency Exchange
    Dr. Farid Antakly / Benson, Pérez Matos, Antakly & Watts

    - Economic Impact of the New Law
    Maxim Ross / Maxim Ross & Asociados

    - Penal Impact of the New Law on Individuals and Companies
    Dr. Juan Martín Echeverría P. / Echeverría & Assoc. Law Offices


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  • Seminar on the Law Against Illicit Currency Exchange
    October 05, Maracaibo II
    Attendees: 108

    - Opening Address
    Antonio Herrera Vaillant / Vice-president and General Manager of VenAmCham

    - Analysis of Relevant Aspects of the New Law Against Illicit Currency Exchange
    Farid Antakly / Benson, Pérez Matos, Antakly & Watts

    - Penal Impact of the New Law on Individuals
    Juan Martín Echeverría P. / Echeverría & Assoc. Law Offices

    - Impact of the Law Against Illicit Currency Exchange on the Commercial Activity
    Alfredo Gordon, Economic Consultant to Fedecámaras Zulia. Corporate Union of Commerce and Services of Zulia State, UCEZ

    - Penal Impact of the New Law on Companies
    Fernando Fernández, Baker & McKenzie

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  • How to Budget for 2006?
    September 14, 2005
    Attendees: 207

    - Bank
    Juan Carlos Escotet / President of Banesco

    - Economy
    Cristina Rodríguez / President of Metroeconómica

    - Market
    José Antonio Gil Yepes / President of Datanalisis

    - Taxes
    Leonardo Palacios / Partner at Torres, Plaz & Araujo

    - Labor Market
    Manuel Díaz Mujica / Partner at Baker & McKenzie

    - Human Resources
    Administration Arelis Díaz / HR Director of Alimentos Kellogg

    - Politics
    Alfredo Keller / President of Alfredo Keller & Assoc.


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  • The Executive Assistant
    September 30, 2005, Caracas
    Attendees: 306

    This year, the event featured the participation of distinguished presenters like Maytee Sepúlveda from Fundación Compartir, Gisselle Reyes, Director of the international organization Gisselle's Models, Karen Martínez from HayGroup, Jacqueline Castro from Cedin Consultores. At the same time, the audience enjoyed the private showing of the monolog "A Lucky Woman" performed by Ruddy Rodríguez.

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  • Business Networking
    October 06, 2005, Caracas
    Attendees: 76

    VenAm    Cham organized the Business Networking event, especially designed so big companies get to know the services of small- and medium-sized member companies.

    In a cordial and relaxed environment, the SERSECO companies represented by Maryem Sáder, COMERCIAL REFRINOX represented by Reyna McPeck; THE CLICK CENTER represented by Elena Dolinski de Montilla; CESTATICKET represented by José Luis Sarli, made their presentations to the audience.


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  • 5th Symposium on Corporate Social Responsibility: A Business Strategy
    October 17, 2005

    - Presentation
    Jonathan Coles / President of IESA

    - Social Responsibility from the Public Sector Point of View
    José Gregorio Vielma Mora / Superintendent of the National Customs & Tax Administration

    - Social Responsibility in the Business Sector
    Gustavo Roosen, President of CANTV

    - Social Responsibility of the Civil Society
    Feliciano Reyna / President of Sinergia

    - Social Responsibility in the Academic Sector
    Jonathan Coles, IESA

    - ETHOS Management Indicators
    Marcelo Linguitte, ETHOS - Brasil

    - Presentation of the 2005 book "Measuring the Results of Corporate Social Investment. A Toolbox"
    Dra. Mireya Vargas

    - Social Responsibility as Part of Business
    Oralyn Caldera / Vice-president of Corporate Social Responsibility of Banco de Venezuela / Grupo Santander

    - Development of Socially Responsible Corporate Leaders
    Susana Gregori, HAY GROUP

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  • Taller Últimas normativas en materia laboral
    03 de noviembre, Barquisimeto
    Asistentes: 108

    - Presentation:
    Maryolga Girán / GIRAN ABOGADOS & ASOCIADOS

    - Ley del Régimen Prestacional de Empleo
    GIRAN ABOGADOS & ASOCIADOS

    - Reglamento de las condiciones de higiene y seguridad en el trabajo

    - LOPCYMAT Ley Orgánica de Prevención Condiciones y Medio Ambiente de Trabajo.

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  • Nuevas Leyes y Reglamentos en el ámbito laboral
    10 de noviembre, Maturín
    Asistentes: 153

    - Obligaciones Generales y Especiales para las empresas contenidas en la Nueva LOPCYMAT.
    Gustavo Nieto; Baker & Mckenzie

    - Régimen de Responsabilidades Especiales y Sanciones para las empresas y los empresarios en la Nueva LOPCYMAT
    Pablo Marval - Baker & Mckenzie

    - Comité de Seguridad y Salud Laboral y de los Delegados de Prevención
    Dr. Eduardo Ortega Ruiz - Representante de Travieso Evans Arria Rengel & Paz. Pdte. Comité de Seguridad Higiene y Ambiente de VenAm    Cham

    - Funciones del INPSASEL en la nueva LOPCYMAT

    - Comentarios a la Nueva Ley del Régimen Prestacional de Empleo y Ley Orgánica sobre Sustancias Estupefacientes y Psicotrópicas
    José Armando Sosa, Gustavo Nieto, Pablo Marval (PANEL)


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  • Responsibilities of Administrators in Light of the Current Legislation
    November 24, 2005, Caracas
    Attendees: 186

    - Responsibilities of Administrators in the Tax Area
    Federico Araujo / Torres Plaz & Araujo

    - Responsibilities of Administrators in the Labor Area
    Juan Carlos Pro-Risquez / Macleod Dixon

    - Responsibilities of Administrators in the Commercial Area
    Yoel Rivas / Rivas & Asociados

    - Responsibilities of Administrators in the Environment Area
    Angela Antakly / Benson, Pérez Matos, Antakly & Watts

    - Responsibilities of Administrators in the Penal Area
    Alberto Arteaga / Arteaga Sánchez & Assoc


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  • Company: Ethics and Social Responsibility
    December 01, Caracas

    - Welcome and Opening Address
    Edward D. Jardine / President of the Social Alliance Committee - President of Procter & Gamble for Venezuela and the Andean Region
    Presentation of the publication "5th Directory of the Social Alliance"

    - Outlook on Company and Ethics
    Imelda Cisneros / President of VenAm    Cham
    Miguel Ignacio Purroy / President of Banco del Caribe
    Carlos Enrique Blohm / President of C.A. Telares de Palo Grande
    P. Luis Ugalde / Director of UCAB

    - Master Lecture
    Fernando Savater

    - Moderator:
    Antonio Herrera- Vaillant / Vice-president and General Manager of VenAm    Cham



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  • Annual Assembly
     December 15, Caracas
    Asistentes: 108

    - Welcome and Program Introduction
    Antonio Herrera - Vaillant / Vice-president and General Manager of VenAm    Cham

    - Election of New Members for the Board of Directors
    Farid Antakly / President of VenAm    Cham's Nominations Committee

    - Annual Report
    Imelda Cisneros / President of VenAm    Cham

    - Main Speaker
    José Luis Betancourt / President of Fedecámaras

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