Senate of Colombia

Historic MOU Between the DMCC and UVENTURES (Dakia U-Ventures) to Create an International Commerce Trade Zone in Cartagena de Indias, Colombia

Retrieved on: 
Wednesday, May 11, 2022

MIAMI, May 11, 2022 /PRNewswire/ -- In a historic first in Latin America, Colombia will create a Common-Law District Arbitration Center.

Key Points: 
  • MIAMI, May 11, 2022 /PRNewswire/ -- In a historic first in Latin America, Colombia will create a Common-Law District Arbitration Center.
  • The special delimitated zone will act as a trade-gate into the wealth of the country for national development and export growth.
  • The Cartagena International Commerce Zone will be developed and operated in a direct partnership between DMCC (Dubai Multi Commodities Centre) and UVentures, in direct collaboration with federal and national government entities of Colombia.
  • "As the world's fastest growing free zone with over 20,000 registered companies, DMCC is thrilled to partner with UVentures to establish a trade hub and free zone in Cartagena de Indias, Colombia.