As expected due to all the factors that have affected and converged this year in our economy, foreign investment in the country has decreased by 34.03% according to the Banco de la República. If we review the partial data published by the issuing entity, we find that among the most affected sectors are investments in Continue Reading
It is well known that, when it is necessary to use a national document in international territory and that this document has the same recognition abroad, the Apostille mechanism is used in order to use it abroad. This exists thanks to the Hague Convention No. XII of October 5, 1961, which makes it easier to prove Continue Reading
Currently and although the crisis caused by the pandemic is still ongoing, the world in general is going through a period of change and reactivation. Some industries that remained closed are beginning to reopen and, for this reason, the export of products abroad is beginning to be seen as a viable possibility to expand the Continue Reading
It is important to understand that in the country today, the national government has proposed various reforms to the tax, health, justice and other systems, with the intention that these proposals seek to improve or change powers that the systems themselves have. Bill 010 of 2020 proposes to modify the E.P.S. (Health Promoting Entities), which Continue Reading
Abstract: Last April the government issued Decree 360 of 2021, which seeks to clarify concepts previously adopted in the customs statute and facilitate foreign trade operations. Author: Carlos Méndez (Lawyer of López & James, specialized in Commercial and International Law). As a result of the COVID 19 pandemic, many economic sectors were affected around the Continue Reading
The Covid-19 crisis has had a great impact worldwide, since it has been a little more than a year when it all began and we have witnessed a significant increase in digitalization, which has generated that teleworking results being the resource of many companies to continue their activities, virtual education becomes the alternative for schools Continue Reading
International trade offers important advantages for buyers and sellers because it brings the occasion to expand their business opportunities; however, as in any other commercial relationship, the risk of non-payment exists and due to the distances and differences in the legal systems, this risk becomes, if not higher, at least more costly for the parties. Continue Reading