Guatemala: New Office for Promotion and Investment
The couuntry and its products will be promoted abroad through an agency called 'Guatemala Trade and Invest' (GTI).
Tuesday, July 27, 2010
The new agency replaces the "Invest in Guatemala" office.
Called "Office for Investment and Commerce", it will be in charge of attracting investments and promoting the country's products.
Several bills have been prepared on investment and employment, including labor, competitiveness and productivity, industrial property, real estate guarantees, factoring and leasing, among other topics.
Before the end of the year a government agreement could be ready which would unify the various departments for promoting investment as well as the creation of the Guatemala Trade and Investment entity.
About 16 reforms have been made, driven by a need to improve the environment for doing business in the country.
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