BROSETA debate on opportunities in South America for Spanish companies

In order to address the landscape of the South American region and its position regarding Europe, BROSETA, together with the offices of Navarro Castex (Argentina), Berkemeyer (Paraguay), Motta, Fernandes Rocha (Brazil), Freshfields Bruckhaus Deringer and SCA – Legal, have participated in a working breakfast promoted by Latin Counsel with the objective of reflecting on the opportunities for Spanish companies in Argentina, Brazil, Paraguay and other surrounding countries.

The meeting was attended by, among others, Alberto Navarro (Navarro Castex Abogados, Argentina); Horacio Bernades (Motta, Fernandes Rocha, Brazil); Hugo Berkemeyer (Berkemeyer Abogados, Paraguay); Julio Veloso (BROSETA); Pedro Moreira (SCA – Legal) and Raquel Flórez (Freshfields Bruckhaus Deringer).

Among the main conclusions, Alberto Navarro highlighted during his speech how “Argentina is increasingly becoming an attractive country for investment, but time must be given to investors to create in the country and move away from populism.” Hugo Berkemeyer defended Paraguay as “the fastest growing country in Latam, with political stability and very good tax reforms”. And Horacio Bernades listed the main reasons why Brazil is considered by major multinationals as one of the most attractive economies for their establishment.

On behalf of BROSETA, Julio Veloso, partner of the Firm, director of the Commercial Law Department and main promoter of the Legal Ibero-American Network, an alliance of leading law firms in the region, located in Colombia, Costa Rica, Ecuador, El Salvador , Spain, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay and Peru, reflected, among other aspects, on the regulatory needs that companies must take into account when establishing themselves in South America and in Spain.