Boyd & Jenerette attorney's were quoted in the Miami Herald's article "Decoding U.S.-Colombia FTA keeps Miami law firms busy" - Explaining the rules of the new trade pact is creating opportunities for South Florida law firms.
Since the agreement went into effect May 15, law firms have been holding roundtable discussions, offering seminars on how to take advantage of the new trading relationship and visiting Colombia to advise business executives on how the trade pact will affect them.
“For South Florida and Florida in general, this is a treaty of tremendous relevance,” said Carlos Aguilar, director of the international practice group at Boyd & Jenerette, which held a roundtable on the FTA in June. With it, he said, comes not only the promise of more trade but also job creation.
“Selling to or buying from Colombia is way different from selling to Columbia, S.C.,” said Ronald Neiwirth, an attorney at Boyd & Jenerette.
An exporter or importer must, for example, consider political risk as well as exchange and monetary risks, be aware of differing product liability and technical standards, and learn the rules for competing for government contracts, lawyers at the Boyd & Jenerette roundtable said.