Santo Domingo. Dominican Republic. The law firm Ulises Cabrera participated in the Franco-Dominican Cooperation seminar organised by the French-Dominican Chamber of Commerce and Industry (CCIFD) whose main focus was the economic development between the two nations.
French and Dominican experts addressed issues related to the Foreign Investment Law, the Agreement between the Dominican Republic and France for the reciprocal protection of investments, international arbitration, the General Law on Integrated Solid Waste Management, Public-Private Partnerships, legal norms related to the development and use of renewable energies, the advantages of movable guarantees for companies and the legal environment of the digital transition.
In this context, our partners Mónica Villafaña, who also serves as secretary of the Legal Committee of the CCIFD, and Magdalena Almonte were in charge of moderating the panels on Foreign Investment Law, experience in its application in the D.R. and draft reform of the Foreign Investment Law, as well as the panel on digital transition and developments in the Protection of personal data and the right to privacy, respectively.
Villafaña was in charge of moderating the first panel of the seminar under the theme “Incentivising foreign investment in the Dominican Republic”. This space included presentations by prominent leaders such as Biviana Riveiro, director of Prodominicana, José Ricardo Feris of the law firm Squire Patton Boggs and Ramilka Taveras of the firm Taveras Partners International, who analysed the current Foreign Investment Law, their experience in its application in the Dominican Republic, and its reform project.
“In recent years, the Dominican economy has undergone a continuous process of regulatory measures to open it commercially to international markets, the efforts of our legislators and government authorities are notorious, which have focused on creating the legal bases that allow economic sustainability with freedom and security in the marketing of goods and services of the different economic agents that participate in it,” said Mónica Villafaña during her presentation. Monica Villafaña indicated during her presentation.
The digital transition panel, moderated by Almonte, was attended by distinguished jurists such as Jean Baptiste Boussuges, head and legal VP for the Americas at Total Energies Marketing Services, Pr. Mustapha Mekki, director of the Research Institute for an attractive law at the same university and director general of the National School of Notaries, Pr. Soraya Amrani – Mekki, vice president of the National Human Rights Commission in France, and the legal expert in data privacy, Daniella Collado. The professionals discussed the evolution of the protection of personal data and the right to privacy, the use of Blockchain and Smart contracts for companies, as well as the legal stakes of digital platforms in the exercise of justice.
During her moderation, Magdalena Almonte asserted that the advance of communication technologies has provoked a transcendental, vertiginous, sudden and disruptive development of the social and economic order of the world and that while commerce adapts, grows and uses in a profitable way the different benefits of the internet of things, of programming and interconnectivity, which she has called in a recent article the ‘…’.Rules of the Gamehave not evolved at the same pace.
