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 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.
SICA is developing an action plan in conjunction with private unions and diplomatic representatives.
A report by ECLAC analyzes the present ant potential comercial relations between Central America, CARICOM and Panama.
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.
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