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 article below, analyzing the legal and economic significance of off-shore finance in the British Virgin Islands:
International financial records recently stolen from two offshore services firms and 19 corporate registries maintained by governments were leaked to journalists and their details subsequently published around the world. But beyond the hype, however, we find no intelligent inferences of legal significance in the reporting.
For example, the media draws attention to a United States Cabinet member's offshore financial transactions but does not allege that his shipping stake was illegal. Nor does it allege his foreign-registered holding company was illegal or that he failed in any disclosure duty.
(To read the full analysis click here: http://www.worldservicesgroup.com/publications.asp?action=article&artid=8936).