Chile. Board of Recommendation. Advisory Board. Infinite Opportunities at the End of the World. International Business Research Chile 2015



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Faculty of Economics and Business Nettelbosje 2 9747 AE Groningen The Netherlands T: +31 (0)50 363 9488 E: chile@ibr-groningen.nl For further information please visit our website: www.ibr-groningen.nl Advisory Board Drs. N. Bastiaans Head of the Department Education and Communication Services C.D. Schut Commercial Manager Akzonobel Functional Chemicals Salt Specialties P.A. Benes Top Latin Export Drs. I. Smits Deputy Head of Mission Embassy of the Netherlands in Drs. I.G.B uit het Broek BIS Business relationship manager PepsiCo Nederland M.V. Valentien Relationshipmanager FIEM Americas Rabobank International R. Brouwers Chairman IBR South-Africa 2014 H.J. Verlinden International entrepeneurship policy secretary Koninklijke Metaalunie Drs. C.T.M. van Casteren Master of Wine Cees van Casteren Wine Consultancy C. Desplas Director BENELUX Pro Drs. G.A. Frankena Senior Economist Atradius Ir. P.M. De Haan Senior VP, GM Category OEM/ Lamp Drivers Philips Lighting Drs. M. Hauwert General Director Foreign Economic Relations Ministerie van Buitenlandse Zaken Ing. F.J.M. Kevenaar Director Propulsion Services Wärtsilä Netherlands B.V. Drs. M. Kraaijenhagen Country Director Access Latin America / Dutch an Chamber of Commerce Drs. N. Peters International Business Analyst Dhr. T.F.K. Quast Consul (h.c.) Consulate of in Rotterdam Dhr. W.S. Reitsema Founder and Ebell Drs. J.H. Vos Former Director of Economics for the province of Groningen VNO-NCW-Noord Drs. E.M. Waller Head of High Growth Markets KPMG J.J.G.M. Van Wissen Latin America Trade & Investment Promotion LATIP Board of Recommendation International Business Research 2015 Drs. A.G.M. Baken General Director of Intermediate Companies Allianz Ir. J.J. Scheele Regional manager South America Boskalis International BV Drs. D.A. Benschop Shell Nederland B.V. Prof. Dr. K.H.W. Knot President De Nederlandsche Bank N.V. Dr. P.A.M. Berdowski Royal Boskalis Westminster N.V. Drs. G.J. Lankhorst GasTerra B.V. J.W. van den Broek Randstad Holding N.V. B.J. Marttin, MBA Member of the Executive Board Rabobank Nederland Ir. A.C.M.A. Büchner & Chairman of the Board of Management and the Executive Committee F. Sijbesma & Chairman Managing Board Prof. Dr. R.J.M. Dassen, RA Global Clients, Services and Talent Deloitte Holding B.V. Prof. Dr. E. Sterken Rector Magnificus Mr. W.A.J. van Duin Achmea B.V. Prof. Dr. G.T. Timmer CFO ORTEC B.V. Part-time Professor Business Econometrics University Amsterdam Ir. C.M.P.S. Eurlings KLM Ir. N.J. de Vries Koninklijke BAM groep nv Ir. J.J. Fennema N.V. Nederlandse Gasunie Dean Faculty of Economics and Business Drs. C.C. t Hart Royal FrieslandCampina Drs. F.A. van Houten President & Koninklijke Philips Electronics N.V. Drs. M.E. Hulshof Director Business Line Planning & Strategy Royal HaskoningDHV Drs. M.S. Kappeyne van de Coppello Ambassador Embassy of the Kingdom of the Netherlands in N.C. Jue ING Nederland Economics and Business student Faculty association International Business Research Infinite Opportunities at the End of the World

International Business Research is the perfect way for companies to gain knowledge about upcoming economies. During the last 26 years, the International Business Research initiative has helped a large amount of companies, from small and medium enterprises to multinationals, expand their knowledge of new emerging markets. The strength of International Business Research comes from the fact that it offers tailor-made market research at cost price carried out by thoroughly selected students. These students are supervised by two or three senior professors. Furthermore, IBR is guided by a carefully selected advisory board. International Business Research is the perfect opportunity to gain knowledge of the promising an market. Our Strengths Research Opportunities Tailor-made, professional research at cost price Over 25 years of research experience Four months of intensive preparation by 25 top quality students Supervised by two or three senior professors of the and our advisory board Commercial Activities Competitor Analysis Consumer Behavior Distribution Analysis Feasibility Research Import- and Export Analysis Sector Analysis Outsourcing Opportunity to get into contact with top quality students In past years has been the number one receiver of foreign direct investment in South America. This comes as no surprise since it is often considered the most stable economy in Latin America. The an economy, with a GDP of 249.9 billion, has shown an average GDP growth of 5% in the first decade of this century. Due to this development, has surpassed the status of a developing country and is now recognized as a high income economy by the World bank. Also, is the sole South American member of the OECD. The country is often identified by both Asian and European investors as the gateway to South America. Since the an GDP depends for one third on exports, is a great supporter of free trade. As a result, continues to engage in Free Trade Agreements with countries all over the world. On request, other research proposals can be offered. Specific Research Phase From left to right: Martijn Vinks (External Relations), Catherine van Wijk (PR/ Travel Coordinator), Tom Poortinga (Chairman), Anke Takens (Vice-Chairman/ Treasurer), Maikel Barcena Ruiken (External Relations). Photo: Niels de Vries Reporting Phase During this phase, the specific needs of your company will be thoroughly examined. Also, the set-up of the research, the preliminary research and the field research in will be done. The last phase will consist of completing the research. Results will be presented to your company in a final research report. All results will be handled confidentially. Interesting Sectors General Preparation Phase In this phase, students knowledge of, market research and methodological research will be improved. Research Set-up Executive Board Interesting Sectors in Renewable Energy - has been decreasing its dependency on fossil fuels. The government accomplishes this by subsidizing renewable energy projects. The great geographical diversity of offers plenty of possibilities in hydro energy, solar energy and wind energy. Water management - Several opportunities exist to invest in s water management. The need for both waste water treatment and drink water supply continues to rise. Several factors such as water intensive mining techniques, increased agricultural irrigation and climate change contribute to the increase in demand for these services. Agriculture - has a thriving agricultural sector. Due to an opposite seasonal harvest when compared to the Northern hemisphere, exports during their harvests but also has the need to import during other seasons. This creates a two way possibility for Dutch companies active in the agricultural business. Consumer goods - With the highest average income (PPP) in South America, 16.370,ans are looking for good ways to spend their money. The ease of doing business, favorable tax rates and the Free Trade Agreement with the EU allow for many opportunities to make use of the an market. Other sectors with high potential Mining and Minerals Fishing Industry Wine Forestry Maritime Industry Tourism Please visit www.ibr-groningen.nl, for more detailed information about these sectors. On behalf of EA Broekema, I can warmly recommend the International Business Research (IBR) initiative. Their reports provided us with valuable intelligence about the market of conveyor belts in these countries, which are key to our growth strategy. It was a great pleasure to work with these highly enthusiastic students, who came well prepared and were very committed to the task. The young and dedicated teams brought this special energy that added fun to the work.i strongly suggest that entrepreneurs consider IBR when exploring opportunities in emerging markets. J. Huisman - General Director EA Broekema Recommendations IBR offers your company tailor-made, professional research at cost price. We have the capabilities to investigate organizations and markets in an objective manner and provide you with specific knowledge about. The research will be performed in close collaboration with contracting companies to make sure it will be customized to your needs. On several occasions IBR has proven to us that the research conducted for our company was detailed and of a very high standard. Every report helped us to make a final decision to enter a market or to refrain from making further investments. The students conducting the research have always been very focused and several found their first job in our company afterwards. C.D Schut - Commercial Manager Fucntional Chemicals Salt Specialties It is with pleasure that I endorse the International Business Research initiative. In a more globalized world it is also for the Faculty of Economics and Business of the important to have an increasing international scope. Furthermore, the FEB continues to increase the connection between students and businesses. International Business Research is the perfect combination of academic training and real life market research. With International Business Research, companies have the chance to get in contact with carefully selected and highly motivated students. Dean Faculty of Economics and Business, Over the years IBR has conducted research for over 150 organizations, including: ABN Amro Bank N.V. Acquion AEGON Alphatron Capgemini Nederland Coram International Deloitte Douwe Egberts Elsevier EVD Fair Trade Organization FGM FMO Friesland Foods Fugro Havenbedrijf Rotterdam Heineken IHC Holland IMD ING Group Kleyn International Nefit Peijnenburg Group Prescan Rabobank Randstad Royal Philips Electronics Royal P&O Nedlloyd Royal Vopak SBM Smit Internationale SHV Holdings Stop Aids Now Talent&Pro History In an increasingly globalizing world it is important for companies to look further than the borders of their own country. In fact, Dutch companies have to keep expanding their scope even outside of Europe to attain continuous growth. Opportunity What we offer Services About Us Why? Introducing International Business Research 2015

International Business Research is the perfect way for companies to gain knowledge about upcoming economies. During the last 26 years, the International Business Research initiative has helped a large amount of companies, from small and medium enterprises to multinationals, expand their knowledge of new emerging markets. The strength of International Business Research comes from the fact that it offers tailor-made market research at cost price carried out by thoroughly selected students. These students are supervised by two or three senior professors. Furthermore, IBR is guided by a carefully selected advisory board. International Business Research is the perfect opportunity to gain knowledge of the promising an market. Our Strengths Research Opportunities Tailor-made, professional research at cost price Over 25 years of research experience Four months of intensive preparation by 25 top quality students Supervised by two or three senior professors of the and our advisory board Commercial Activities Competitor Analysis Consumer Behavior Distribution Analysis Feasibility Research Import- and Export Analysis Sector Analysis Outsourcing Opportunity to get into contact with top quality students In past years has been the number one receiver of foreign direct investment in South America. This comes as no surprise since it is often considered the most stable economy in Latin America. The an economy, with a GDP of 249.9 billion, has shown an average GDP growth of 5% in the first decade of this century. Due to this development, has surpassed the status of a developing country and is now recognized as a high income economy by the World bank. Also, is the sole South American member of the OECD. The country is often identified by both Asian and European investors as the gateway to South America. Since the an GDP depends for one third on exports, is a great supporter of free trade. As a result, continues to engage in Free Trade Agreements with countries all over the world. On request, other research proposals can be offered. Specific Research Phase From left to right: Martijn Vinks (External Relations), Catherine van Wijk (PR/ Travel Coordinator), Tom Poortinga (Chairman), Anke Takens (Vice-Chairman/ Treasurer), Maikel Barcena Ruiken (External Relations). Photo: Niels de Vries Reporting Phase During this phase, the specific needs of your company will be thoroughly examined. Also, the set-up of the research, the preliminary research and the field research in will be done. The last phase will consist of completing the research. Results will be presented to your company in a final research report. All results will be handled confidentially. Interesting Sectors General Preparation Phase In this phase, students knowledge of, market research and methodological research will be improved. Research Set-up Executive Board Interesting Sectors in Renewable Energy - has been decreasing its dependency on fossil fuels. The government accomplishes this by subsidizing renewable energy projects. The great geographical diversity of offers plenty of possibilities in hydro energy, solar energy and wind energy. Water management - Several opportunities exist to invest in s water management. The need for both waste water treatment and drink water supply continues to rise. Several factors such as water intensive mining techniques, increased agricultural irrigation and climate change contribute to the increase in demand for these services. Agriculture - has a thriving agricultural sector. Due to an opposite seasonal harvest when compared to the Northern hemisphere, exports during their harvests but also has the need to import during other seasons. This creates a two way possibility for Dutch companies active in the agricultural business. Consumer goods - With the highest average income (PPP) in South America, 16.370,ans are looking for good ways to spend their money. The ease of doing business, favorable tax rates and the Free Trade Agreement with the EU allow for many opportunities to make use of the an market. Other sectors with high potential Mining and Minerals Fishing Industry Wine Forestry Maritime Industry Tourism Please visit www.ibr-groningen.nl, for more detailed information about these sectors. On behalf of EA Broekema, I can warmly recommend the International Business Research (IBR) initiative. Their reports provided us with valuable intelligence about the market of conveyor belts in these countries, which are key to our growth strategy. It was a great pleasure to work with these highly enthusiastic students, who came well prepared and were very committed to the task. The young and dedicated teams brought this special energy that added fun to the work.i strongly suggest that entrepreneurs consider IBR when exploring opportunities in emerging markets. J. Huisman - General Director EA Broekema Recommendations IBR offers your company tailor-made, professional research at cost price. We have the capabilities to investigate organizations and markets in an objective manner and provide you with specific knowledge about. The research will be performed in close collaboration with contracting companies to make sure it will be customized to your needs. On several occasions IBR has proven to us that the research conducted for our company was detailed and of a very high standard. Every report helped us to make a final decision to enter a market or to refrain from making further investments. The students conducting the research have always been very focused and several found their first job in our company afterwards. C.D Schut - Commercial Manager Fucntional Chemicals Salt Specialties It is with pleasure that I endorse the International Business Research initiative. In a more globalized world it is also for the Faculty of Economics and Business of the important to have an increasing international scope. Furthermore, the FEB continues to increase the connection between students and businesses. International Business Research is the perfect combination of academic training and real life market research. With International Business Research, companies have the chance to get in contact with carefully selected and highly motivated students. Dean Faculty of Economics and Business, Over the years IBR has conducted research for over 150 organizations, including: ABN Amro Bank N.V. Acquion AEGON Alphatron Capgemini Nederland Coram International Deloitte Douwe Egberts Elsevier EVD Fair Trade Organization FGM FMO Friesland Foods Fugro Havenbedrijf Rotterdam Heineken IHC Holland IMD ING Group Kleyn International Nefit Peijnenburg Group Prescan Rabobank Randstad Royal Philips Electronics Royal P&O Nedlloyd Royal Vopak SBM Smit Internationale SHV Holdings Stop Aids Now Talent&Pro History In an increasingly globalizing world it is important for companies to look further than the borders of their own country. In fact, Dutch companies have to keep expanding their scope even outside of Europe to attain continuous growth. Opportunity What we offer Services About Us Why? Introducing International Business Research 2015

International Business Research is the perfect way for companies to gain knowledge about upcoming economies. During the last 26 years, the International Business Research initiative has helped a large amount of companies, from small and medium enterprises to multinationals, expand their knowledge of new emerging markets. The strength of International Business Research comes from the fact that it offers tailor-made market research at cost price carried out by thoroughly selected students. These students are supervised by two or three senior professors. Furthermore, IBR is guided by a carefully selected advisory board. International Business Research is the perfect opportunity to gain knowledge of the promising an market. Our Strengths Research Opportunities Tailor-made, professional research at cost price Over 25 years of research experience Four months of intensive preparation by 25 top quality students Supervised by two or three senior professors of the and our advisory board Commercial Activities Competitor Analysis Consumer Behavior Distribution Analysis Feasibility Research Import- and Export Analysis Sector Analysis Outsourcing Opportunity to get into contact with top quality students In past years has been the number one receiver of foreign direct investment in South America. This comes as no surprise since it is often considered the most stable economy in Latin America. The an economy, with a GDP of 249.9 billion, has shown an average GDP growth of 5% in the first decade of this century. Due to this development, has surpassed the status of a developing country and is now recognized as a high income economy by the World bank. Also, is the sole South American member of the OECD. The country is often identified by both Asian and European investors as the gateway to South America. Since the an GDP depends for one third on exports, is a great supporter of free trade. As a result, continues to engage in Free Trade Agreements with countries all over the world. On request, other research proposals can be offered. Specific Research Phase From left to right: Martijn Vinks (External Relations), Catherine van Wijk (PR/ Travel Coordinator), Tom Poortinga (Chairman), Anke Takens (Vice-Chairman/ Treasurer), Maikel Barcena Ruiken (External Relations). Photo: Niels de Vries Reporting Phase During this phase, the specific needs of your company will be thoroughly examined. Also, the set-up of the research, the preliminary research and the field research in will be done. The last phase will consist of completing the research. Results will be presented to your company in a final research report. All results will be handled confidentially. Interesting Sectors General Preparation Phase In this phase, students knowledge of, market research and methodological research will be improved. Research Set-up Executive Board Interesting Sectors in Renewable Energy - has been decreasing its dependency on fossil fuels. The government accomplishes this by subsidizing renewable energy projects. The great geographical diversity of offers plenty of possibilities in hydro energy, solar energy and wind energy. Water management - Several opportunities exist to invest in s water management. The need for both waste water treatment and drink water supply continues to rise. Several factors such as water intensive mining techniques, increased agricultural irrigation and climate change contribute to the increase in demand for these services. Agriculture - has a thriving agricultural sector. Due to an opposite seasonal harvest when compared to the Northern hemisphere, exports during their harvests but also has the need to import during other seasons. This creates a two way possibility for Dutch companies active in the agricultural business. Consumer goods - With the highest average income (PPP) in South America, 16.370,ans are looking for good ways to spend their money. The ease of doing business, favorable tax rates and the Free Trade Agreement with the EU allow for many opportunities to make use of the an market. Other sectors with high potential Mining and Minerals Fishing Industry Wine Forestry Maritime Industry Tourism Please visit www.ibr-groningen.nl, for more detailed information about these sectors. On behalf of EA Broekema, I can warmly recommend the International Business Research (IBR) initiative. Their reports provided us with valuable intelligence about the market of conveyor belts in these countries, which are key to our growth strategy. It was a great pleasure to work with these highly enthusiastic students, who came well prepared and were very committed to the task. The young and dedicated teams brought this special energy that added fun to the work.i strongly suggest that entrepreneurs consider IBR when exploring opportunities in emerging markets. J. Huisman - General Director EA Broekema Recommendations IBR offers your company tailor-made, professional research at cost price. We have the capabilities to investigate organizations and markets in an objective manner and provide you with specific knowledge about. The research will be performed in close collaboration with contracting companies to make sure it will be customized to your needs. On several occasions IBR has proven to us that the research conducted for our company was detailed and of a very high standard. Every report helped us to make a final decision to enter a market or to refrain from making further investments. The students conducting the research have always been very focused and several found their first job in our company afterwards. C.D Schut - Commercial Manager Fucntional Chemicals Salt Specialties It is with pleasure that I endorse the International Business Research initiative. In a more globalized world it is also for the Faculty of Economics and Business of the important to have an increasing international scope. Furthermore, the FEB continues to increase the connection between students and businesses. International Business Research is the perfect combination of academic training and real life market research. With International Business Research, companies have the chance to get in contact with carefully selected and highly motivated students. Dean Faculty of Economics and Business, Over the years IBR has conducted research for over 150 organizations, including: ABN Amro Bank N.V. Acquion AEGON Alphatron Capgemini Nederland Coram International Deloitte Douwe Egberts Elsevier EVD Fair Trade Organization FGM FMO Friesland Foods Fugro Havenbedrijf Rotterdam Heineken IHC Holland IMD ING Group Kleyn International Nefit Peijnenburg Group Prescan Rabobank Randstad Royal Philips Electronics Royal P&O Nedlloyd Royal Vopak SBM Smit Internationale SHV Holdings Stop Aids Now Talent&Pro History In an increasingly globalizing world it is important for companies to look further than the borders of their own country. In fact, Dutch companies have to keep expanding their scope even outside of Europe to attain continuous growth. Opportunity What we offer Services About Us Why? Introducing International Business Research 2015

International Business Research is the perfect way for companies to gain knowledge about upcoming economies. During the last 26 years, the International Business Research initiative has helped a large amount of companies, from small and medium enterprises to multinationals, expand their knowledge of new emerging markets. The strength of International Business Research comes from the fact that it offers tailor-made market research at cost price carried out by thoroughly selected students. These students are supervised by two or three senior professors. Furthermore, IBR is guided by a carefully selected advisory board. International Business Research is the perfect opportunity to gain knowledge of the promising an market. Our Strengths Research Opportunities Tailor-made, professional research at cost price Over 25 years of research experience Four months of intensive preparation by 25 top quality students Supervised by two or three senior professors of the and our advisory board Commercial Activities Competitor Analysis Consumer Behavior Distribution Analysis Feasibility Research Import- and Export Analysis Sector Analysis Outsourcing Opportunity to get into contact with top quality students In past years has been the number one receiver of foreign direct investment in South America. This comes as no surprise since it is often considered the most stable economy in Latin America. The an economy, with a GDP of 249.9 billion, has shown an average GDP growth of 5% in the first decade of this century. Due to this development, has surpassed the status of a developing country and is now recognized as a high income economy by the World bank. Also, is the sole South American member of the OECD. The country is often identified by both Asian and European investors as the gateway to South America. Since the an GDP depends for one third on exports, is a great supporter of free trade. As a result, continues to engage in Free Trade Agreements with countries all over the world. On request, other research proposals can be offered. Specific Research Phase From left to right: Martijn Vinks (External Relations), Catherine van Wijk (PR/ Travel Coordinator), Tom Poortinga (Chairman), Anke Takens (Vice-Chairman/ Treasurer), Maikel Barcena Ruiken (External Relations). Photo: Niels de Vries Reporting Phase During this phase, the specific needs of your company will be thoroughly examined. Also, the set-up of the research, the preliminary research and the field research in will be done. The last phase will consist of completing the research. Results will be presented to your company in a final research report. All results will be handled confidentially. Interesting Sectors General Preparation Phase In this phase, students knowledge of, market research and methodological research will be improved. Research Set-up Executive Board Interesting Sectors in Renewable Energy - has been decreasing its dependency on fossil fuels. The government accomplishes this by subsidizing renewable energy projects. The great geographical diversity of offers plenty of possibilities in hydro energy, solar energy and wind energy. Water management - Several opportunities exist to invest in s water management. The need for both waste water treatment and drink water supply continues to rise. Several factors such as water intensive mining techniques, increased agricultural irrigation and climate change contribute to the increase in demand for these services. Agriculture - has a thriving agricultural sector. Due to an opposite seasonal harvest when compared to the Northern hemisphere, exports during their harvests but also has the need to import during other seasons. This creates a two way possibility for Dutch companies active in the agricultural business. Consumer goods - With the highest average income (PPP) in South America, 16.370,ans are looking for good ways to spend their money. The ease of doing business, favorable tax rates and the Free Trade Agreement with the EU allow for many opportunities to make use of the an market. Other sectors with high potential Mining and Minerals Fishing Industry Wine Forestry Maritime Industry Tourism Please visit www.ibr-groningen.nl, for more detailed information about these sectors. On behalf of EA Broekema, I can warmly recommend the International Business Research (IBR) initiative. Their reports provided us with valuable intelligence about the market of conveyor belts in these countries, which are key to our growth strategy. It was a great pleasure to work with these highly enthusiastic students, who came well prepared and were very committed to the task. The young and dedicated teams brought this special energy that added fun to the work.i strongly suggest that entrepreneurs consider IBR when exploring opportunities in emerging markets. J. Huisman - General Director EA Broekema Recommendations IBR offers your company tailor-made, professional research at cost price. We have the capabilities to investigate organizations and markets in an objective manner and provide you with specific knowledge about. The research will be performed in close collaboration with contracting companies to make sure it will be customized to your needs. On several occasions IBR has proven to us that the research conducted for our company was detailed and of a very high standard. Every report helped us to make a final decision to enter a market or to refrain from making further investments. The students conducting the research have always been very focused and several found their first job in our company afterwards. C.D Schut - Commercial Manager Fucntional Chemicals Salt Specialties It is with pleasure that I endorse the International Business Research initiative. In a more globalized world it is also for the Faculty of Economics and Business of the important to have an increasing international scope. Furthermore, the FEB continues to increase the connection between students and businesses. International Business Research is the perfect combination of academic training and real life market research. With International Business Research, companies have the chance to get in contact with carefully selected and highly motivated students. Dean Faculty of Economics and Business, Over the years IBR has conducted research for over 150 organizations, including: ABN Amro Bank N.V. Acquion AEGON Alphatron Capgemini Nederland Coram International Deloitte Douwe Egberts Elsevier EVD Fair Trade Organization FGM FMO Friesland Foods Fugro Havenbedrijf Rotterdam Heineken IHC Holland IMD ING Group Kleyn International Nefit Peijnenburg Group Prescan Rabobank Randstad Royal Philips Electronics Royal P&O Nedlloyd Royal Vopak SBM Smit Internationale SHV Holdings Stop Aids Now Talent&Pro History In an increasingly globalizing world it is important for companies to look further than the borders of their own country. In fact, Dutch companies have to keep expanding their scope even outside of Europe to attain continuous growth. Opportunity What we offer Services About Us Why? Introducing International Business Research 2015

Faculty of Economics and Business Nettelbosje 2 9747 AE Groningen The Netherlands T: +31 (0)50 363 9488 E: chile@ibr-groningen.nl For further information please visit our website: www.ibr-groningen.nl Advisory Board Drs. N. Bastiaans Head of the Department Education and Communication Services C.D. Schut Commercial Manager Akzonobel Functional Chemicals Salt Specialties P.A. Benes Top Latin Export Drs. I. Smits Deputy Head of Mission Embassy of the Netherlands in Drs. I.G.B uit het Broek BIS Business relationship manager PepsiCo Nederland M.V. Valentien Relationshipmanager FIEM Americas Rabobank International R. Brouwers Chairman IBR South-Africa 2014 H.J. Verlinden International entrepeneurship policy secretary Koninklijke Metaalunie Drs. C.T.M. van Casteren Master of Wine Cees van Casteren Wine Consultancy C. Desplas Director BENELUX Pro Drs. G.A. Frankena Senior Economist Atradius Ir. P.M. De Haan Senior VP, GM Category OEM/ Lamp Drivers Philips Lighting Drs. M. Hauwert General Director Foreign Economic Relations Ministerie van Buitenlandse Zaken Ing. F.J.M. Kevenaar Director Propulsion Services Wärtsilä Netherlands B.V. Drs. M. Kraaijenhagen Country Director Access Latin America / Dutch an Chamber of Commerce Drs. N. Peters International Business Analyst Dhr. T.F.K. Quast Consul (h.c.) Consulate of in Rotterdam Dhr. W.S. Reitsema Founder and Ebell Drs. J.H. Vos Former Director of Economics for the province of Groningen VNO-NCW-Noord Drs. E.M. Waller Head of High Growth Markets KPMG J.J.G.M. Van Wissen Latin America Trade & Investment Promotion LATIP Board of Recommendation International Business Research 2015 Drs. A.G.M. Baken General Director of Intermediate Companies Allianz Ir. J.J. Scheele Regional manager South America Boskalis International BV Drs. D.A. Benschop Shell Nederland B.V. Prof. Dr. K.H.W. Knot President De Nederlandsche Bank N.V. Dr. P.A.M. Berdowski Royal Boskalis Westminster N.V. Drs. G.J. Lankhorst GasTerra B.V. J.W. van den Broek Randstad Holding N.V. B.J. Marttin, MBA Member of the Executive Board Rabobank Nederland Ir. A.C.M.A. Büchner & Chairman of the Board of Management and the Executive Committee F. Sijbesma & Chairman Managing Board Prof. Dr. R.J.M. Dassen, RA Global Clients, Services and Talent Deloitte Holding B.V. Prof. Dr. E. Sterken Rector Magnificus Mr. W.A.J. van Duin Achmea B.V. Prof. Dr. G.T. Timmer CFO ORTEC B.V. Part-time Professor Business Econometrics University Amsterdam Ir. C.M.P.S. Eurlings KLM Ir. N.J. de Vries Koninklijke BAM groep nv Ir. J.J. Fennema N.V. Nederlandse Gasunie Dean Faculty of Economics and Business Drs. C.C. t Hart Royal FrieslandCampina Drs. F.A. van Houten President & Koninklijke Philips Electronics N.V. Drs. M.E. Hulshof Director Business Line Planning & Strategy Royal HaskoningDHV Drs. M.S. Kappeyne van de Coppello Ambassador Embassy of the Kingdom of the Netherlands in N.C. Jue ING Nederland Economics and Business student Faculty association International Business Research Infinite Opportunities at the End of the World

Faculty of Economics and Business Nettelbosje 2 9747 AE Groningen The Netherlands T: +31 (0)50 363 9488 E: chile@ibr-groningen.nl For further information please visit our website: www.ibr-groningen.nl Advisory Board Drs. N. Bastiaans Head of the Department Education and Communication Services C.D. Schut Commercial Manager Akzonobel Functional Chemicals Salt Specialties P.A. Benes Top Latin Export Drs. I. Smits Deputy Head of Mission Embassy of the Netherlands in Drs. I.G.B uit het Broek BIS Business relationship manager PepsiCo Nederland M.V. Valentien Relationshipmanager FIEM Americas Rabobank International R. Brouwers Chairman IBR South-Africa 2014 H.J. Verlinden International entrepeneurship policy secretary Koninklijke Metaalunie Drs. C.T.M. van Casteren Master of Wine Cees van Casteren Wine Consultancy C. Desplas Director BENELUX Pro Drs. G.A. Frankena Senior Economist Atradius Ir. P.M. De Haan Senior VP, GM Category OEM/ Lamp Drivers Philips Lighting Drs. M. Hauwert General Director Foreign Economic Relations Ministerie van Buitenlandse Zaken Ing. F.J.M. Kevenaar Director Propulsion Services Wärtsilä Netherlands B.V. Drs. M. Kraaijenhagen Country Director Access Latin America / Dutch an Chamber of Commerce Drs. N. Peters International Business Analyst Dhr. T.F.K. Quast Consul (h.c.) Consulate of in Rotterdam Dhr. W.S. Reitsema Founder and Ebell Drs. J.H. Vos Former Director of Economics for the province of Groningen VNO-NCW-Noord Drs. E.M. Waller Head of High Growth Markets KPMG J.J.G.M. Van Wissen Latin America Trade & Investment Promotion LATIP Board of Recommendation International Business Research 2015 Drs. A.G.M. Baken General Director of Intermediate Companies Allianz Ir. J.J. Scheele Regional manager South America Boskalis International BV Drs. D.A. Benschop Shell Nederland B.V. Prof. Dr. K.H.W. Knot President De Nederlandsche Bank N.V. Dr. P.A.M. Berdowski Royal Boskalis Westminster N.V. Drs. G.J. Lankhorst GasTerra B.V. J.W. van den Broek Randstad Holding N.V. B.J. Marttin, MBA Member of the Executive Board Rabobank Nederland Ir. A.C.M.A. Büchner & Chairman of the Board of Management and the Executive Committee F. Sijbesma & Chairman Managing Board Prof. Dr. R.J.M. Dassen, RA Global Clients, Services and Talent Deloitte Holding B.V. Prof. Dr. E. Sterken Rector Magnificus Mr. W.A.J. van Duin Achmea B.V. Prof. Dr. G.T. Timmer CFO ORTEC B.V. Part-time Professor Business Econometrics University Amsterdam Ir. C.M.P.S. Eurlings KLM Ir. N.J. de Vries Koninklijke BAM groep nv Ir. J.J. Fennema N.V. Nederlandse Gasunie Dean Faculty of Economics and Business Drs. C.C. t Hart Royal FrieslandCampina Drs. F.A. van Houten President & Koninklijke Philips Electronics N.V. Drs. M.E. Hulshof Director Business Line Planning & Strategy Royal HaskoningDHV Drs. M.S. Kappeyne van de Coppello Ambassador Embassy of the Kingdom of the Netherlands in N.C. Jue ING Nederland Economics and Business student Faculty association International Business Research Infinite Opportunities at the End of the World

Faculty of Economics and Business Nettelbosje 2 9747 AE Groningen The Netherlands T: +31 (0)50 363 9488 E: chile@ibr-groningen.nl For further information please visit our website: www.ibr-groningen.nl Advisory Board Drs. N. Bastiaans Head of the Department Education and Communication Services C.D. Schut Commercial Manager Akzonobel Functional Chemicals Salt Specialties P.A. Benes Top Latin Export Drs. I. Smits Deputy Head of Mission Embassy of the Netherlands in Drs. I.G.B uit het Broek BIS Business relationship manager PepsiCo Nederland M.V. Valentien Relationshipmanager FIEM Americas Rabobank International R. Brouwers Chairman IBR South-Africa 2014 H.J. Verlinden International entrepeneurship policy secretary Koninklijke Metaalunie Drs. C.T.M. van Casteren Master of Wine Cees van Casteren Wine Consultancy C. Desplas Director BENELUX Pro Drs. G.A. Frankena Senior Economist Atradius Ir. P.M. De Haan Senior VP, GM Category OEM/ Lamp Drivers Philips Lighting Drs. M. Hauwert General Director Foreign Economic Relations Ministerie van Buitenlandse Zaken Ing. F.J.M. Kevenaar Director Propulsion Services Wärtsilä Netherlands B.V. Drs. M. Kraaijenhagen Country Director Access Latin America / Dutch an Chamber of Commerce Drs. N. Peters International Business Analyst Dhr. T.F.K. Quast Consul (h.c.) Consulate of in Rotterdam Dhr. W.S. Reitsema Founder and Ebell Drs. J.H. Vos Former Director of Economics for the province of Groningen VNO-NCW-Noord Drs. E.M. Waller Head of High Growth Markets KPMG J.J.G.M. Van Wissen Latin America Trade & Investment Promotion LATIP Board of Recommendation International Business Research 2015 Drs. A.G.M. Baken General Director of Intermediate Companies Allianz Ir. J.J. Scheele Regional manager South America Boskalis International BV Drs. D.A. Benschop Shell Nederland B.V. Prof. Dr. K.H.W. Knot President De Nederlandsche Bank N.V. Dr. P.A.M. Berdowski Royal Boskalis Westminster N.V. Drs. G.J. Lankhorst GasTerra B.V. J.W. van den Broek Randstad Holding N.V. B.J. Marttin, MBA Member of the Executive Board Rabobank Nederland Ir. A.C.M.A. Büchner & Chairman of the Board of Management and the Executive Committee F. Sijbesma & Chairman Managing Board Prof. Dr. R.J.M. Dassen, RA Global Clients, Services and Talent Deloitte Holding B.V. Prof. Dr. E. Sterken Rector Magnificus Mr. W.A.J. van Duin Achmea B.V. Prof. Dr. G.T. Timmer CFO ORTEC B.V. Part-time Professor Business Econometrics University Amsterdam Ir. C.M.P.S. Eurlings KLM Ir. N.J. de Vries Koninklijke BAM groep nv Ir. J.J. Fennema N.V. Nederlandse Gasunie Dean Faculty of Economics and Business Drs. C.C. t Hart Royal FrieslandCampina Drs. F.A. van Houten President & Koninklijke Philips Electronics N.V. Drs. M.E. Hulshof Director Business Line Planning & Strategy Royal HaskoningDHV Drs. M.S. Kappeyne van de Coppello Ambassador Embassy of the Kingdom of the Netherlands in N.C. Jue ING Nederland Economics and Business student Faculty association International Business Research Infinite Opportunities at the End of the World