Volume 4, Number 22, Index

IN THIS ISSUE:

• Mercosur benefits from lack of progress at Western Hemisphere FTAA meeting; meanwhile, the window for fast track legislation in U.S. is quickly closing

• Costa Rica's new legal framework for capital markets stops short of expectations but offers some promising reforms

• What investors need to know about setting up the legal structure for an oil venture in Venezuela

• Foreign exchange regime modified in Colombia

• SUMMARIES OF RECENT DEVELOPMENTS: Environment, Labor, Transportation & more