Guatemala: Russia is Interested in Investing in Energy

The interest is in investing in the construction of hydroelectric and coal power generation.

Wednesday, March 25, 2009

La Prensa Libre of Guatemala published an interview with the Russian Deputy Foreign Minister, Lars Pirie, and provided more details on the recent visit by Guatemalan authorities to Russia on March 11 and 12.

The deputy minister said in the interview: "There was interest from a company in St. Petersburg to build two hydroelectric plants and from another company to invest in two coal-fired power generation plants."

More on this topic

Russia offers Honduras know-how and equipment for hydro schemes

May 2008

Russia is interested in providing technology for the construction of hydroelectric schemes in Honduras, according to Yan Burliay, the Russian foreign ministry's director for Latin America.

Burliay foresaw potential for the development of trade between the two countries. "Russia imports nearly everything that Honduras imports," he said.

Commercial Approaches Between Guatemala and Russia

January 2014

Russian businessmen will visit the country in January under the agreement signed to promote investment between the two governments.

The visit to Guatemala by Russian investors and the firm in November as part of the Agreement for the Promotion and Reciprocal Protection of Investments (APPRI by its initials in Spanish) represents a great opportunity for the industrial sector of the Central American country.

Nicaragua and Russia Remove Visa Requirements

June 2010

From July 3 onwards, citizens from both countries will be allowed to enter the other nation without having to request a visa.

Nicaraguan and Russian citizens will be able to enter and stay up to 90 days without any visa requirements. This applies to all common passports, with the exception of diplomatic, official or service passports.

What Can be Exported to Russia?

June 2013

Procomer identified 726 Costa Rican export products as having some level of potential to be marketed in Russia.

From a press release issued by the Costa Rican Foreign Trade Promotion Office (PROCOMER):

After statistical analysis prepared by the Costa Rican Foreign Trade Promotion Office (PROCOMER) it has been revealed that there are 726 goods among Costa Rican exports with some level of potential to be marketed in Russia, a transcontinental nation which forms part of the emerging nations and whose population is 143.1 million.

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