Estimado empresario, en esta sección encuentre las memorias de los eventos organizados por la Dirección Internacional en donde puede tener a la mano las presentaciones de los panelistas y otros informes de interés.
La Dirección fomenta el encuentro entre afiliados con el fin de promover el conocimiento del entorno internacional, incentivar a los afiliados a acceder a oportunidades comerciales y a interactuar con actores relevantes.
Si usted pertenece a una empresa afiliada y quiere asistir a los comités por favor contacte a Maria JoséI saza en firstname.lastname@example.org para recibir más información.
La ANDI, como miembro del Consejo Empresarial de la Alianza del Pacífico, participa de manera activa en la formulación de recomendaciones a los gobiernos del bloque sobre temas de interés para la industria. En la actualidad, la ANDI lidera el proyecto de Bolsa de prácticas de la Alianza del Pacífico fomentando la movilidad e integración en la región.
A continuación, encontrará la caja de herramientas de la Alianza del Pacífico que le permitirá conocer más sobre el bloque y acceder a la convocatoria de la Bolsa de prácticas.
La Dirección internacional de la ANDI apoya la difusión de información sobre Colombia a nivel internacional con el propósito de fomentar el conocimiento, atraer la inversión, y posicionar al país en el mundo.
Brindamos información general a delegaciones internacionales y diseñamos herramientas como el informe “This is Colombia”, un canal para dar a conocer al país a través de noticias, cifras e información sectorial en inglés.
COLOMBIA, A COUNTRY OF OPPORTUNITIES!
Find out the latest news and reports in Economy, Politics and Culture brought to you by ANDI’s International and Trade agreements division. Thank you for your interest in our country.
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China is investing billions in Latin America. Now a days based on the information given by Pro Colombia, China has invested in the last 5 years an average of 30 million dollars in Colombia. As well the number of Chinese companies has increased as well in the last for years from 20 companies to 80 in Colombian soil. In the past, Colombia showed the smallest amount of investments from the Asia country but that is changing fast. China´s delegation in Colombia has established that the efforts are focused to develop a closest link between governments to increase the economic across the two countries. Agro products are the vast majority of the goods that Colombia export to China, nonetheless the efforts are not enough, and government is up to approve more trade agreement with the Asian country. CGTN, 23/02/2020.
This guide was realized on February 13th and it thoroughly explains the essential topics in the business environment for those interested in investing in Bogota. The printed version includes different multimedia elements, which are directly linked to the digital version that will be updated constantly. This will ensure this important document stays relevant. The project arose from the collaboration between Invest in Bogota and some of the best law firms in Colombia and Latin America. The new Bogota Foreign Investment Guide demonstrate the Colombian capital’s potential and layout reasons for which entrepreneurs around the world should include Bogota in their business plans. Invest in Bogota, 26/02/2020.
Colombian bank Davivienda raised 700 billion pesos ($203.4 million) via a doubly oversubscribed local bond issue on February the 11th, the stock exchange said. The bank issued 5-year paper with a yield of 6.04%, 7-year paper with a yield of 6.24% and 12-year paper with a yield of 2.83%. The country’s third-largest bank by assets received offers for 1.47 trillion pesos’ worth of bonds. Reuters, 11/02/2020.
Colombia's National Health Institute has developed the first coronavirus diagnostic test in Latin America. The test allows potential victims to be diagnosed in less than eight hours. It was developed in one of the 12 laboratories of Colombia's National Health Institute. This means Colombia will no longer have to send samples to the United States to confirm a coronavirus infection. The South American nation is now offering support to other countries in the region. CTGN, 08/02/2020.
Colombia is the second-biggest exporter of flowers in the world, after the Netherlands. Cut flowers are one of the country's biggest exports alongside coffee, petroleum, coal and precious materials. This year, Colombia expects to export more than $1.5bn in flowers - about 660 million blossoms - according to data from Colombian Association of Flower Exporters (Asocolflores). The vast majority arrive in the US, Colombia's biggest trade partner. February 14, Valentine's Day, is the most important day for Colombian flower growers like Fantasy Farms, a farm in the highlands near the country's capital Bogota. The day alone makes up 20 percent of their annual sales. Aljazeera, 14/02/2020.
Ratings firm Moody’s Investors Service (Moody’s) has upgraded LifeMiles Ltd.‘s senior secured and corporate family ratings to B1 from B2. The outlook has been revised to stable from negative.According to Moody’s, the LifeMiles upgrade to B1 mainly reflects an improvement in its main shareholder, Avianca Holdings S.A.’s (NYSE: AVH, BVC:PFAVH) credit profile, reducing the risk of LifeMiles upstreaming extraordinary cash flows: either in the form of dividends, most likely financed with incremental debt or anticipated purchases of airline tickets. The recovery in Avianca’s liquidity follows a debt exchange concluded on December 31, 2019 and the availability of new credit facilities. Avianca’s credit profile remains weak, creating risks for LifeMiles’ credit quality and overall operation, says the ratings firm.
During 2019 Invest in Bogota (IIB), Colombia’s capital investment promotion agency, supported 48 greenfield Foreign Direct Investment projects, its highest number registered. Invest in Bogotá supported the arrival of investments from 25 countries in 2019. United States was the main ally for the city with 10 projects, Canada, the second, with four projects, followed in the third place by Germany, Spain, Mexico and France, with three projects each. According with fixes of IIB FDI projects which have arrived in the city surpassed 600 million US dollars and generated more than 7,700 direct Jobs in 2019. Technology (IT) companies, Business Process Outsourcing (BPO) and Shared Service Centers (SCS) were the sectors that received the largest number of investment projects for the city in 2019. Bogota attracted 14 IT and BPO projects, which brought an estimate of 4,000 direct jobs. Invest in Bogotá, 27/02/2020.
iXerv announced the opening of its laboratories (iXerv LABs), whose focus is the research and development of human resource solutions with applications such as Chatbots, Artificial Intelligence, Machine Learning, Analytics, Integration Services, etc., all under SAP technology, the largest ERP solutions provider in the world. This company started operations in Colombia last year in April, since then they have recognized the importance of Colombian in their functions. The multinational has more than twelve offices in America, Europe, Africa, and Oceania. The operation in Bogota covers the regions of northern Latin America, Central America, the Caribbean, Mexico, and particularly their operations in the United States. To date, the company has created more than 30 jobs with its Service Center in Bogota, and estimates that, with the opening of the new operation in the first semester of 2020, more than 70 direct employment opportunities will be created by the end of the year. In five years, the creation of approximately 300 jobs is expected. Invest in Bogotá, 26/02/2020.
In his message, Xi Jinping noted, since the establishment of diplomatic relations 40 years ago, China and Colombia have deepened political mutual trust and practical cooperation and maintained a positive momentum of development in bilateral relations on the principles of mutual respect, mutual benefit and joint development. In July 2019, President Iván Duque Márquez paid a successful state visit to China, during which we reached important consensus through candid and friendly communication, injecting new impetus into the long-term development of China-Colombia relations. China embassy, 07/02/2020.
Colombia’s chief prosecutor Francisco Barbosa said he will investigate claims made by a fugitive politician over fraud in the 2018 elections. Following a meeting with the Supreme Court, the Prosecutor General announced his office had opened an investigation based on bombshell accusations made by fugitive Senator-elect Aida Merlano in an interview earlier this month. According to the former lawmaker, controversial businessman Julio Gerlein and Senator Arturo Char helped her break prison in October last year and rigged the elections in favor of President Ivan Duque, a good friend of the Barbosa. Barbosa stressed that his office had already been investigating Gerlein for the election fraud that made Merlano the first and only politician ever to be convicted to voter-buying. 24/02/2020.
A top court in Colombia is set to rule on whether women can seek legal abortions during the first 16 weeks of pregnancy, a highly anticipated decision in a region with some of the world’s strictest reproductive rights laws. Abortion in Colombia is only allowed if a mother’s life is at risk, if a fetus is malformed or if the pregnancy is a result of rape. Nonetheless, the judges on Colombia’s constitutional court are considering changes to the country’s law following a case brought before the court last year that proposed abortion be completely banned. The case prompted the court to consider why abortion is restricted in Colombia and consider easing the law to allow elective abortion in the first 16 weeks of pregnancy. If the court decriminalises abortion, Colombia would have one of the most lenient laws in South America. Reuters, 24/02/2020.
Colombia will create a special military unit to protect its national parks and step up operations against illegal armed groups who burn vegetation to clear space to plant coca, the defense minister said Monday. The announcement follows a fire over the weekend, which the military says was started by dissidents from the now-demobilized Revolutionary Armed Forces of Colombia (FARC) rebels. The fire destroyed hundreds of hectares of vegetation near Cano Cristales, a top tourist site in Sierra de La Macarena National Park, in the central province of Meta. Colombia boasts the second highest-level of biodiversity per square kilometer after Brazil and is home to around 10% of the planet’s flora and fauna, according to international environmental organizations. Reuters, 22/02/2020.
Colombia’s Ministry of Information & Communications Technologies (MinTIC) last week announced a package of projects and activities to boost digital inclusion and promote the voices of ethnically distinct communities throughout Colombia. The initiatives include training on digital content production and support for indigenous communication events. The ministry also announced a formal meeting with representatives of the Kumpanias, or Roma clans (commonly known as Gypsies or Rrom) to take place once a year, and a continuation of digital content support for Afrocolombians such as the productions during 2019 in Bojayá, Chocó and La Boquilla, Cartagena. One such project is the “El Buen Vivir” three-part documentary that features the U’wa, Guna Dule, Arhuaco, Wiwa, Wayúu, Makuna Barasano, Uitoto, Pasto and Kametza. Another is the “Autonomías Teritoriales” documentary produced with nine indigenous groups from the Cauca region in Southwest Colombia. 02/08/2020.
During a last-minute meeting scheduled between Colombia’s President Ivan Duque and Donald Trump at the White House in Washington, DC Trump in direct terms told Duque that Colombia will have to resume aerial fumigation of illegal coca crops with glyphosate. Glyphosate is the active ingredient in herbicides such as Roundup. The coca plant is the primary ingredient in cocaine. Illegal actors cultivate it in remote areas of Colombia & other South American countries, nonetheless Colombian government has implemented actions to reverse that situation. Finance Colombia, 03/02/2020
Colombian capital has emerged as one of the centers in Latin America for the creation of cultural industries. All things related to the music, film and art sectors, among others, have found Bogota to be a place where they can thrive. According to the Bogota Chamber of Commerce, the music industry brings over 830 billion pesos into the Colombian capital each year. Bogota has been able to position itself as a musical center in Colombia, with over half of the live concerts that take place in the country choosing Bogota as their main stage. Additionally, Bogota has been a UNESCO City of Music since 2012, with the city being the first in the American continent to receive the said accolade. Invest in Bogotá, 22/01/2020.
OFFF festival, the digital content festival that brings together the industry’s most important community, reaches Bogota for the first time in 2020. The event’s attendees will witness the largest showcase of contemporary digital creativity and be able to interact directly with some of the market’s most prolific personalities. Bogotá is set to host creatives, thinkers and digital artists who will set out to use their products: which include films, series, murals, advertising campaigns, brand strategies. This is a space for the creatives to share how the industry is taking over the world and how this design strategies are stablishing the trends worldwide. The 2020 version of OFFF festival features 16 guests who make up a select group of companies and individuals that stand out in the industry for their talent and international recognition. Invest in Bogotá, 14/02/2020.
Parque Tayrona, one of Colombia’s most popular beach destinations, will be closed for three periods a year to allow its protected ecosystem to recover from damage caused by tourism. Until this year, the country’s national parks authority park closed the park in February to “give a rest to the ecosystem of the protected area.” The park is home to some of Colombia’s most beautiful beaches that will be closed more often after consultation with the indigenous Kogui, Wiwa, Arhuaco and Kankuamo peoples, the national parks authority said in a press release. This year, the park will not just be closed in February, but also in the second half of June and the second half of October. During these periods, locals will not just clean the area of litter, but biologists will monitor the condition of vulnerable or threatened animal species like the blue-billed curassow, the American crocodile and the jaguar. Colombian Reports 23/ 01/2020.
After more than 2 years away from Colombia’s third largest city, low-cost airline Viva Air inaugurated its return to Cali last week with new flights between Cali and Medellín, Cartagena, and San Andrés. In April, a Cali-Barranquilla route will also begin flying. The entry of a low-cost option for travelers from Cali is expected to reduce ticket costs by at least 25%, due to what the airline likes to call “The Viva Effect,” where the airline’s presence forces legacy carriers Avianca and LATAM to reduce prices, while increasing connectivity for the southwest Colombia city. The new routes are expected to carry almost half a million passengers during the rest of 2020. With these additions, Viva Air now connects 13 Colombian destinations, 11 Peruvian destinations, and Miami, Florida in the United States. Finance Colombia, 03/02/2020.
Uber restarted operations in Colombia on February the 20th, after shutting down its app for almost three weeks, saying it had found “new alternatives” to work legally in the Latin American country, one of several where the company has faced resistance from unions and legislators. Uber said that from now on, its app will help users in Colombia enter contracts with drivers in which they are “renting” the vehicles along with the drivers' services. Opponents say the app competes unfairly against taxi drivers and evades some taxes. Uber has faced numerous lawsuits across Latin America. Mexico has regulated Uber and other apps, which now pay state taxes, while in Brazil the supreme court recently ruled Uber drivers are not employees but independent contractors who need not be paid social security. ABC, 24/02/2020.
Disclaimer: The opinions expressed in this newsletter are not ANDI´s but a collection of media information.
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