I would like to bring your attention to some key legal developments that occurred in Colombia in Customs and Foreign Trade over the last year.
These legal developments are related to 4 major industry topics:
- FTA's and other Trade Agreements
- Trade Defense Measures
- Customs regime and facilitation of foreign trade
- Free Trade Zone Regime
The Colombian government’s focus is to strengthen the economy by entering into trade agreement’s and fully taking advantage of existing ones, protecting its national industry through trade measures when applicable, reforming regulations aiming to facilitate trade and business, and fostering foreign investment into the country via free trade zones.
To read the full analysis on the legal developments and how Colombia is trying to achieve this, please click here: http://www.worldservicesgroup.com/publications.asp?action=article&artid=9058
Please allow me to refer you to the analysis below on the development of Latin America through Foreign Trade & Investment:
José Francisco Mafla and Camilo Castrill at Brigard & Urrutia Abogados explore the development of trade throughout Latin America, and its effect on and importance for the region’s economic growth.
Latin America’s current economic growth levels are among the world’s highest, and the region is preparing its regulations to meet new economic challenges. As such, the fostering of foreign trade and foreign direct investment (FDI) is important to increase GDP growth, create job opportunities, and improve logistics and production. In the pursuit of economic and social development, modern economies are implementing new regulations to develop strategies aimed at attracting new investments and facilitate trade. In this article, we analyse the most important regulatory tools that Latin American countries are developing, with the aim of improving their economic and social conditions, and ultimately consolidating Latin America as a region open to business with favourable conditions for the development of high-value investment projects.
You can read the full analysis on the development of Latin America through Foreign Trade & Investment here: http://www.worldservicesgroup.com/publications.asp?action=article&artid=8912
A few days ago in Washington DC we had the first cocktail of our Trade and Investment Practice Group. It was an excellent opportunity for networking and strengthening relations among delegates of several WSG firms.
The participants to the event were able to meet and network with delegates from around the world and share their experiences, ideas and projects. Networking is a key activity for business growth and development, as it is a great tool to promote you and your firm’s profile, creating new opportunities, and sharing knowledge (which provides an opportunity to learn and avoid pitfalls).
Networking is not about meeting more people, it is about building long-term relationships. Accordingly, networks must be constantly strengthened and improved, and for this purpose, it is important to keep in touch with new acquaintances and nurture relationships.
This is an invitation to remain in contact, share news and opportunities, make use of WSG’s and our practice group’s resources, and prepare for our next year’s gathering in during the 2016 ABA SIL spring meeting to be held in New York City from April 12 until April 16.
Fellow Practice Group members,
I am very glad of making the first entry of the group’s blog, in which I sincerely welcome you again to WSG’s new International Trade and Investment Practice Group (Latam). This Group was created to exchange opinions, relevant news and comments in the field of international trade and investment, as well as a forum to build professional rapports, especially in Latin America.
The constant changes on the rules governing trade and cross-border investments pose major challenges to companies and consultants around the world. These changes must be assessed from an interdisciplinary approach that adapts to different trends and markets and that encourages the exchange of experiences and knowledge. This goal may be better achieved through a solid and efficient network to build knowledge, share experiences, and generate business among the firms, with the multidisciplinary approach of WSG; these are the main objectives of this Practice Group.
We have the following ideas and activities for the group:
- On-line discussion of relevant topics and news: Members are encouraged to share news and exchange opinions through the online interface, mainly through this blog tool. Actually, I will soon start a separate blog discussion on a specific trade issue.
- Conference calls and webinars: We may organize conference calls to discuss the group’s initiatives and activities, and webinars to develop continuing education sessions.
- Joint publications: Further down the road, we may organize joint publications by the different firms on relevant topics (guides, articles, year in review, etc.).
- Meetings: Soon, we should be able to meet at least every year or every two years, in order to strengthen our ties and discuss relevant topics.
- Use of free advice policy: Learn and correctly use WSG’s free advice policy, to access free advice on specific matters from other WSG members.
Please share your ideas through comments to this blog entry, so we can all jointly build the group’s plan for the forthcoming years.