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."
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.
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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