The Republic of Colombia is located in the northern part of South America. It borders Panama to the northwest, the Caribbean Sea to the North, shares a border with Venezuela and Brazil to the East, and with Ecuador and Peru to the South, and with the Pacific Ocean to the West.
Colombia is Latin America's fourth-largest country. Though historically an agrarian economy, agriculture now accounts for 6% of total GDP, while industry and services respectively represent 1/3 and 2/3 of GDP. This country’s economy also benefits from one of the fastest growing information technology industry, a strong financial sector, a wide use of renewable energies (hydro energy mainly), natural resources.
Colombia’s main exports are: petroleum, mining products, forest products, glassware, electronics, electrical equipment, vehicles, machinery, manufactured articles (clothing, construction, etc.), agriculture, chemical & pharmaceutical goods, cosmetics, software, military products (shipbuiding), etc.
French exports to Colombia are mainly driven by aeronautical supplies, pharmaceutical products, car components and organic chemicals. In 2016, due to heavy restriction on Colombia’s imports, French exports to Colombia were worth 629.7 million euros, resulting in a 25% decrease, compared to 2015. On its part, Colombia, exports to France natural hydrocarbons and other extractive industry products, agri-food products and other industrial products.
In this context, Simon Associés entered into a strategic alliance agreement with Lloreda Camacho & Co.
Lloreda Camacho & Co has extensive experience in the practices of business law, such as Corporate Law, Financial Law and Capital Markets, all the legal aspects related to Foreign Trade and Customs Regulations.
Lloreda Camacho & Co has provided excellent legal services to national and multinational companies for more than 75 years.
Today, Lloreda Camacho & Co is a leading law firm in Colombia recognized by Chambers Latin America, Chambers Global and IFLR 1000.