Ecuador interested in FTA with Guatemala

Negotiations for a FTA between Guatemala and Ecuador could begin in the first semester of 2009

Thursday, October 23, 2008

The embassy indicated that they have met with members of the Government to study the possibility of signing a Free Trade Agreement between Guatemala and Ecuador.

Roberto Ponce, Ecuadoran ambassador, pointed out that he is in talks since the beginning of 2008 and that negotiations are scheduled to start in the first semester of 2009.

The diplomat made it clear that they are considering a significant treaty, which would include the tax duty system in both countries, as he believes that due to advantages in cost, shipment and the price of goods, they can gradually expand the market.

According to the information by the Bank of Guatemala, Guatemala imports $80.4 million from Ecuador and it exports $9 million.



Market Intelligence

Everything about exports and imports in Guatemala.

Top companies - Quantities, amounts and prices.

more info

More on this topic

An Absurd Proposal: Central America - Mercosur FTA

March 2013

The Foreign Minister of Uruguay is touring the isthmus proposing an FTA with Mercosur, even though the President of the very same country describes it as "a bad customs union".

EDITORIAL:

The Foreign Minister of Uruguay, Luis Almagro, is touring the Central American countries, saying that he is mandated by the countries of the southern block to propose to Central America, a free trade agreement with Mercosur.

El Salvador’s Trade Agreements

August 2012

Investors should be aware of the tools available for exporting with tariff benefits to Cuba, Mexico and the European Union.

A statement from the Agency for Promotion of Exports and Investments in El Salvador – PROESA reads:

Three new tools to increase the flow of trade and investment

Nicaragua: FTAs Provide for More Trade

April 2012

Exports have performed very well in recent years, partly thanks to 11 trade agreements, but they are far from reaching their full potential and production of many goods lacks added value.

Nicaragua should not only increase the volume of its exports, but it should also diversify its range.

Honduras seeks trade agreement with Brazil, Peru, and Ecuador

October 2008

The Government of Honduras is studying "what type of accord" they can offer Brazil; they have proposed a FTA with Peru and a Partial Reach Agreement with Ecuador.

Honduran vice-minister of Foreign Trade, Jaime Turcios, suggested that the agreement with Brazil could be made within the wider context of the Central American Integration System (SICA) and the Southern Common Market (Mercosur).

 close (x)

Receive more news about Exports & imports

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


ICC Costa Rica / Camara de Comercio Internacional

Organization that operates in Costa Rica.
Phone: (506) 2221 0005 - (506) 2257 3282

Company Profile

Stock Indexes

(Jun 23)
Dow Jones
-0.01%
S&P 500
0.16%
Nasdaq
0.46%

Commodities

(Jun 23)
Brent Crude Oil
45.75
Coffee "C"
123.00
Gold
1,256
Silver
16.67