100 Billion Dollars. According the new Argentine Government, that is the figure the country needs to be competitive in the world marketplace again – after more than a decade of clamps and shackles on foreign money entries. The need for developing infrastructure projects – in services, technology, energy, agriculture, and other industries – is so big that the new administration estimates that the country needs $100 Billion US in order to achieve its targets.
So far, there have been a series of announcements of new investment plans in various areas for nearly $20 Million US in disbursements coming from multinationals such as Coca-Cola, Unilever, Fiat, Dow, Siemens, and others, for the next four years.
The strategy for searching for international companies interested in participating in the local economy is part of the Government´s policy of changing the world´s perception about Argentina. The official aim is to demonstrate that Argentina is now an open country that wants to be on the map of worldwide assets again as it tries to normalize its relations with developed economies.
One of the means of accomplishing that objective is the recent creation of a new governmental agency – the Argentine Investments and International Commerce Agency (“Agencia Argentina de Inversiones y Comercio Internacional”) aimed at obtaining private investments from foreign companies. The agency’s first step is to organize the Forum of Investments and Business, which will be held September 12 through 15 in Buenos Aires. For Forum is expected to attract over 2,000 entrepreneurs, directors of companies, investors, and national and foreign business leaders. National Ministers and province Governors will present their visions for their regions as well as existing opportunities for investments. Shaped after the Davos Forum, the Forum will have sectoral topics (such as current business climate, innovation, investment legal framework, among others) and an interactive format.
With offices in Dallas, Texas, Buenos Aires, Argentina and in Lima, Peru, The Gabriela Noemi Smith Law Firm, PLLC is an international law firm with global vision that counsels multinational companies in contracts, transactions, dispute resolution, and regulatory compliance. To learn more about The Gabriela Noemi Smith Law Firm, PLLC, click here.
“ The Smith Law Group is very responsive and goes the extra mile in getting work done timely. Gabriela and her associates are thorough and very organized. We have used them on several small projects relating to organizational documents and letters, but we were also very pleased with a recent sale transaction Gabriela advised us on that took a lot of review and updating in a compressed timeframe. We were successful in getting the sale documents in order, and highly recommend this firm for corporate work. ”
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“ We have been working with Gabriela for the last year and she has been really helpful in
helping us coordinate and organize the global structure of our companies and with international compliance matters by being proactive, responsive and fully dedicated. ”
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“ The Smith Law Group no es un estudio jurídico más. Es un grupo de abogados dinámicos y que realmente entiende sobre negocios y las prioridades de los ejecutivos de empresas. Se hacen parte de la empresa y le ponen sumo interés a los asuntos y al éxito de sus clientes. The Smith Law Group es de confianza y es nuestro abogado de referencia desde hace muchos años.
The Smith Law Group is not just another law firm. It is a group of dynamic lawyers who have a profound understanding of business and of the priorities of seasoned executives. They become a part of the team and pay close attention to the matters they handle and care about client success. We trust The Smith Law Group and they have been our law firm for several years ”
“ Gabriela le suma a su know-how y comprensión de los negocios en Estados Unidos y América Latina, una clara vocación de servicio demostrada en su alta disponibilidad y profesionalismo. Por lo cual interactuar con ella se hace muy sencillo. Recomiendo a Gabriela Smith para asuntos cross-border de alta complejidad.
In addition to her know-how and the added value of understanding business in the United States and Latin America, Gabriela loves to serve her clients, which is something she has demonstrated in her ability to respond quickly and in her professionalism. Thus, it is very easy to interact with her. I recommend Gabriela Smith for complex cross-border matters. ”
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“ The Smith Law Group es uno de mis proveedores preferidos. La confianza de poder delegar tareas o consultas especificas en un outside counsel sabiendo que todo se va a ejecutar y resolver de manera eficiente, rápida y con un nivel de calidad first class, es fundamental para un área de legales interno. El nivel de personalización en la atención por parte de sus profesionales, y la agilidad para trabajar ajustado a los procesos internos de nuestra compañía ha sido un agregado de valor enorme para las operaciones del área que dirijo. Definitivamente un asset valioso
The Smith Law Group is one of my favorite providers. The trust generated in being able to delegate tasks or specific consultations to an outside counsel knowing that everything will get done and resolved in an efficient and timely manner, and with “first class,” is fundamental for an in-house attorney. The level of personalization in the performance of work by these attorneys, and the agility to work while also adjusting to our company’s internal process has been an added-value to the work I perform. The Smith Law Group is definitely a valuable asset. ”
“ CMP has worked with The Smith Law Group for five years on a variety of corporate legal issues – from acquisition and contract to Human Resource issues. We have always found them to be responsive, professional and provide pragmatic and insightful legal advice. Their legal services are the best I have experienced. I highly recommend The Smith Law Group. ”