Government of Guatemala reaffirms relations with Taiwan

The trip by Alvaro Colom to Taiwan confirms the announcement made at the start of his term to maintain relations with the Island.

Tuesday, October 7, 2008

Erasmo Vleasquez, vice minister of the Economy, expressed that they have very few data on how the Chinese market operates and even China's ally that is closest to Guatemala - Costa Rica - has not release information on what it has acquired from cutting ties with Taiwan.
The official mentioned that one of the benefits is a series of projects that are being carried out in the country as a result of the cooperation with Taiwan. These include the construction of the Guatemala-El Rancho highway.

More on this topic

Central America Seeks Allies in South America

September 2011

Central American countries are seeking support in security and trade relations.

At a time when South American countries are leading the continent's economic growth, Central American countries are trying to strengthen trade ties with powers such as Brazil, and relying on the experience of countries like Colombia in the fight against crime and drug trafficking.

Guatemalan Trade Mission Visits Taiwan

August 2010

Guatemalan businesses and diplomats have traveled to south east Asia with the aim of strengthening the Free Trade Agreement (FTA) signed between the countries four years ago.

Another of the visit's goals is to explore the potential for Guatemala's to take advantage of the Economic Co-operation Framework Agreement (ECFA) recently signed between Taiwan and China.

American businessmen meet in Guatemala

September 2008

Businesspersons from 17 American companies arrived in the country on a trade mission headed by Edward Schafer, US Secretary of Agriculture.

The mission will visit the countries that are a part of CAFTA: Guatemala (currently being visited), El Salvador, Honduras, Nicaragua and the Dominican Republic, and will last four days. The businesspersons are planning to meet with at least 70 companies in said countries.

Costa Rica: Entry Into Pacific Alliance Under Consultation

October 2014

With opposition from agro-industry, the government has initiated the processes required to join the trade bloc, including a consultation period, which runs until the end of the year.

Entry into the block requires a greater commercial opening than that established in free trade treaties negotiated between Costa Rica and member countries, Mexico, Colombia, Peru and Chile, which is why productive sectors such as agriculture and industry oppose it.

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