Congress Ratifies Guatemalan FTA with Colombia
The Guatemalan Congress ratified the FTA that the country, along with El Salvador and Honduras, negotiated and signed with Colombia in August 2007.
Wednesday, March 11, 2009
Jessica Osorio wrote in Prensalibre.com: "The objective is to promote the expansion of trade in goods and services in a free trade zone. Each country will be sure to adopt the necessary measures to comply with the content that was approved."
The Congress of El Salvador ratified the FTA that the country, along with Guatemala and Honduras, negotiated and signed with Colombia in 2007 and which should come into force before the end of the year.
An error in the final ratification text of the Free Trade Agreement with Colombia requires it to return to Congress for amendment.
The Free Trade Agreement between both countries comes into effect today.
Since the ratification of the FTA between both countries, investment in tourist, health, and financial services have stirred the interest of Colombian entrepreneurs.
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