China and Venezuela Grow in the Region

U.S. remains the main trading partner in Central America, but two new players are on the rise, China and Venezuela.

Thursday, March 10, 2011

According to reports by the Economic Integration Department (SIEC), trade in the region (imports and exports) in 2010 totaled $ 49.259 million, 4.85% higher than 2009.

"The major trading partners of the region are the United States, the Central American Common Market (CACM), the European Union (EU), Mexico, Panama, Hong Kong, Canada, China and Venezuela," reported an article in Informador.com.mx.



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Change Essential in Guatemalan Foreign Policy

April 2013

The world economic order is changing rapidly , while Guatemala's foreign relations are conducted with the same style as in the times of the Cold War.

An analysis of this issue by Reny Mariane Bake in Prensalibre.com, reviews the current status of Foreign Affairs in Guatemala, but this analysis also applies to other, but not all, countries in the region.

CA Seeks to Strengthen Trade with Japan

October 2010

SICA is developing an action plan in conjunction with private unions and diplomatic representatives.

Daniel German, General Secretary of SICA, said "the aim is for the two sides to better understand the potential exchanges, investments and to enhance cooperation."

According to information from 2009, the Asian nation exported $ 1,030 million to the region, while Central American exports to Japan for the same period were $ 207.56 million.

Commercial Potential Between Panama and the Region

May 2013

A report by ECLAC analyzes the present ant potential comercial relations between Central America, CARICOM and Panama.

It highlighted characteristics of the Central American countries as producers of consumer goods, the CARICOM economies as focused on trade in services, and Panama as a provider of logistics and financial services

Modernization of Guatemala - China Relationship

November 2014

There is an imperative need for Guatemala to table a clear strategic relationship with China, not only in terms of trade, but also fundamentally at the political level.

From the Publication entitled "Economic Policy, Trade and Investment by Guatemala in the PRC: strategy in the short, medium and long term" by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC):

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