Central American businesses demand from governments clear mechanisms to combat insecurity in the region.
The president of the Federation of Private Entities of Central America, Panama and Dominican Republic (FEDEPRICAP), Carlos Amador, said, "Central America is threatened by drug trafficking, gangs and transnational organized crime and to help combat these problems there is an need for a united isthmus."
CACIF listed its priorities: security and justice, economic recovery based on a Competitiveness Agenda, and a Social Agenda.
Carlos Amador, new president of the Coordinating Committee for Agricultural, Commercial, Industrial and Financial Associations (CACIF), explained they want the government to include their proposals in Guatemala’s state policies.
Guatemala’s textile industry has been practically reborn with the U.S. economic recovery.
As Guatemalan apparel businesses export 90% of their production to the U.S., they were strongly affected by that country’s economic crisis. Machinery was stopped and massive layoffs ensued. Exports fell 21% to just $1.1 billion.
ANEP of El Salvador calculates the trade embargo with Honduras produced $36 million in losses each day for Central America, as calculated globally.
For the Salvadorian textile industry in particular, the border closing meant estimated losses of $1 million in exports and 4,000 workers sat idle, according to calculations from the Salvadorian Chamber of Textile, Confection, and Free Trade Zones Industries (CAMTEX, acronym in Spanish) published in Elsalvador.com. At the same time, the organization estimates that Honduran factories lost $700,000 in exports to El Salvador.
Guatemalan business leaders are optimistic about the election of the new president of El Salvador.
La Prensa Libre of Guatemala published the comments of several business leaders about future trade relations with El Salvador, which accounted for $973 million in exports and $692 million in imports in 2008.
Maranco Belize offer fast reliable service, modern equipment, competitive rates, 70 year experience worldwide whether your needs are for farming, industrial, private house lots, community projects. We have drilled successful water wells producing fresh...
The Guatemalan Exporters Association is a private non-profit entity, established in 1982; that represents, promotes and develops non traditional exports of Guatemalan companies.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Guatemala
Phone: (502) 2422-3400
As part of the Agritrade Platform, Guatemala will participate for the 27th time in PMA Fresh Summit, the most important international trade show and convention of fruits and vegetables in the United States, which will take place at Anaheim Convention Center, California from October 17th to 19th.
Key representative/s from the Guatemalan Exporters’ Association last 13-15 October attended the 8th TPO Network World Conference to exchange ideas and best practice around stimulating export-led economic growth and meeting the urgent challenges in the sector.