Guatemala: Attractive to Colombian Investors

Since the ratification of the FTA between both countries, investment in tourist, health, and financial services have stirred the interest of Colombian entrepreneurs.

Monday, June 15, 2009

Exports from Colombia to Guatemala have shown an increase of 22% this year thus far.

Álvaro Concha is the director of the commercial affairs office in Colombia for the North Triangle (Proexport), which covers Guatemala, El Salvador, and Honduras. He tells Prensalibre.com: "Products of added value exist, in which we are competitive in both regions, and there is a strong demand."



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FTA Guatemala - Colombia Comes Into Effect

November 2009

The Free Trade Agreement between both countries comes into effect today.

Of the entire product universe, 53% will enjoy 0% tariff between both nations. For the rest, the removal of tariffs will be gradual, between 5 and 15 years.

Alvaro Concha, director of the Colombian Trade Office for Central America and Panama, told newspaper Prensalibre.com that "Colombian businessmen have high expectations for this FTA".

FTA Colombia – Honduras Now In Force

March 2010

The Free Trade Agreement between both countries has been in effect since last Saturday.

With Honduras, Colombia concludes an FTA with the ‘northern triangle’ (Guatemala, El Salvador and Honduras). In November 2009, a Free Trade Agreement with Guatemala came into effect, and in Febraury the same happened with El Salvador.

FTA Guatemala - Colombia in November

October 2009

Ruben Morales, Guatemalan Economy Minister, confirmed the Free Trade Agreement will come into effect on November 13th.

Next week, Colombian President Alvaro Uribe will visit Guatemala. During his visit, the presidents will exchange contracts for the coming into effect of the commercial treaty.

FTA Doubles Trade Between Guatemala and Colombia

March 2013

In the three years that the FTA has been in effect the trade balance favorable to Colombia increased from $251 million in 2009 to $527 million in 2012.

The nations of the Northern Triangle of Central America, Guatemala, Honduras and El Salvador, have a free trade agreement with Colombia, whose enactment in 2010 produced immediate effects, rapidly increasing trade in goods and services between the FTA parties.

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