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Export Development Canada Focus on Colombia. October 18, 2013. EDC’s Role. To support and develop Canada’s export trade and international business efforts Financing and insurance solutions for Canadian exporters and investors. EDC’s International Representation.
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Export Development CanadaFocus on Colombia October 18, 2013
EDC’s Role • To support and develop Canada’s export trade and international business efforts • Financing and insurance solutions for Canadian exporters and investors
EDC’s International Representation North America / Caribbean (61%) Asia-Pacific (16%) Europe (10%) South / Central America (8%) Africa / Middle East (5%) % = percentage of EDC’s total business volume Dusseldorf, Germany Istanbul, Turkey Moscow, Russia Beijing, People’s Republic of China Shanghai, People’s Republic of China Monterrey, Mexico New Delhi, India Mexico City, Mexico Bogota, Colombia Singapore, Malaysia Mumbai, India Abu Dhabi, UAE Lima, Peru Rio de Janeiro, Brazil São Paulo, Brazil Santiago, Chile Location of EDC Representation
Recent History of EDC in Colombia • Colombia has been supported by an EDC rep in the Andean region since 2009. In early 2013 EDC announced the opening of a new S. American representation in Bogotá, Colombia. • Colombia has emerged as a significant regional business hub, with strong sector focus in extractive and infrastructure. There is a signed Free Trade Agreement in place with Canada • In 2012, EDC served 207 companies vs. 136 in 2008 – a five-year customer growth of 52% • EDC supported ~ CAD 431 million of Canadian exports and investments in Colombia in 2012 • Exporters of all sizes including more and more SMEs across multiple sectors are finding a market for their products in Colombia
Overview of EDC Solutions • Accounts Receivable Insurance • Bonding Services • Financing: Export Guarantee Program • Political Risk Insurance • Direct Financing - Foreign Buyer Financing or Financing for Foreign Investment
South America Contacts & Resources • EDC: • www.edc.ca>>Knowledge-Centre • www.edc.ca/infrastructure • DFATD: • www.tradecommissioner.gc.ca • Colombia: • Departamento Nacional de Planeacion • Agencia Nacional de Infraestructura • Proexport Colombia • Canada-Colombia Chamber of Commerce • Local Associations • BNAmericas • Factiva • InfraAmericas • Bogota/Lima Stephen Patrick Benoit Chief Representative – Andean Region sbenoit@edc.ca Gustavo Galvis Chief Representative – Infrastructure, Structured & Project Fin. ggalvis@edc.ca Lorena Fuentes Alejandra Calderon Coordinator – Lima Coordinator – Bogota lfuentes@edc.ca acalderon@edc.ca • Ottawa Tim Steed SeniorAssociate – South America tsteed@edc.ca Nadia Avila-Lopez SeniorAssociate – South America navila-lopez@edc.ca • Sao Paulo Jean Cardyn Regional Vice-President - South America jcardyn@edc.ca
Contact EDC For Canadian companies wanting to learn about exporting and how EDC solutions can help them, visit www.edc.ca or call… Jennifer Cooke Account ManagerGolden Horseshoe West (905) 615-6482 jcooke@edc.ca