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El Salvador´s Legislative Assembly Approves Bill to Oversee Ports, Airports, and Railroads
By Eproint
The Legislative Assembly of El Salvador approved a bill on August 17, 2023 to create a new agency to oversee the country's ports, airports, and railroads. According to bnamericas, the new agency, called the Autonomous Executive Ports Commission (CEPA), will be responsible for managing and operating the country's ports, airports, and railroads.
The approval of the bill was met with mixed reactions. The new agency can help to improve the efficiency of the management of the country's ports, airports, and railroads, helping to attract foreign investment by offering a more attractive investment climate to ensure that foreign investors are treated fairly.
However, it can bypass the public procurement law when acquiring or hiring goods, works, and services in certain circumstances such as natural disasters.
The latest Security Mission for Economic Prosperity of the International Trade Administration of the U.S. Department of Commerce states that some of the top opportunities for U.S. involvement in El Salvador fall under the broad umbrella of infrastructure.
This includes ports, airports, border infrastructure, roads, highways, bridges, water, electricity, etc. According to the Interamerican Development Bank (IDB), priority areas of infrastructure are water and waste water, transportation and energy.
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In El Salvador, Practice Head Edy Guadalupe Portal is a partner at Eproint and has more than 25 years of experience in Intellectual Property. Since 1995, she has been recognized as the Salvadoran voice of Intellectual Property protection for always informing the IP community about changes to IP law and international treaties.
During her career, Mrs. Portal has helped numerous international law firms and in-house counsel with all facets of their IP matters in El Salvador and Central America. Her extensive practice includes work in trademarks, patents, industrial designs, utility models, copyrights, unfair competition, foreign investment, regulatory law/health registrations, licensing, franchising, appellations of origin, geographical indications, IP litigation, fashion law, new technologies, data privacy, cybersecurity, domain names, entertainment law, advertisement law, trade secrets, valuation of intangibles, and IP due diligence. She is also recognized for the great anti-piracy and anti-counterfeiting results she has delivered for her clients. She also helps coordinate Latin America Intellectual Property Protection for the firm.