Guatemala offered Mexico to open its market for cars, but failed to open the market for its coffee and bananas.
"Raul Trejo, vice minister of Foreign Trade, said that the first proposal exchange with Mexico was done, but it stalled because they cannot meet the demands presented. Besides access to coffee and bananas, it has requested equal treatment to the one received by Nicaragua for the export of sugar" adds the article in Elperiodico.com.gt.
Next May will see a new round of negotiators from both countries hoping to make progress on these issues.
The topic of coffee will be excluded from the last round of negotiations for approval of the FTA with Mexico.
The Deputy Minister of Integration and Foreign Trade, at the Ministry of Economy, Raul Trejo noted that the issue is no longer one of trade but politics. "Although Mexican authorities claim that an opening can be made for the entry of the Guatemalan aromatic when producers of both countries reach an agreement for provision in both markets."
Mexican authorities have requested market access for cars, dairy products, cement and avocado.
Representatives from the Mexican Ministry of Foreign Trade have asked their Guatemalan counterparts to permit entry of the above products, which will be assessed by the authorities, in conjunction with the private sector.
Representatives of the Mexican Guatemalan Chamber of Commerce (Camex) are urging the passage by Congress of the Free Trade Agreement signed in November 2011.
Arturo Soto, president of Camex said that the entry into force of the FTA, which will lower tariffs on 98% of exported products, will generate an increase in bilateral trade, adding that "it is time to get it approved."
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