Representatives of the private sector in Panama and Chile have signed a cooperation agreement that evaluates the inclusion of new products and services in the trade agreement.
The private sector seeks to expand the scope of the first FTA signed by Panama with a South American country, exploring the possibility of adding more goods and services to those which already enjoy tariff privileges referred to in the agreement.
Now the decision rests with the U.S. Congress who will have to give an answer in 15 days. "... The MCC confirmed that its board has approved a pact for $277 million over five years. The Salvadoran government will contribute $88.2 million in the same period. In total, there is $365.2 million for an ambitious plan that seeks to "improve competitiveness and productivity in international markets ...", reported Laprensagrafica.com.
An agreement between the Guatemalan Chamber of Commerce and the Guatemalan Association of Franchising aims to promote the model in order to achieve growth by opening up new markets.
Aida Rios, president of the Guatemalan Association of Franchises (AGF in Spanish), said the support of the GCC will allow companies interested in franchising to compete in other countries, improve financing options and project their image at events.
Panamanian livestock farmers are traveling to Brazil to try to sign a research agreement with the Brazilian Zebu Association in order to improve the Zebu breed in their country.
A delegation of Panamanian farmers traveled recently to Uberaba, Brazil, to explore the signing of a research agreement with the Brazilian Zebu Association during Latin America's largest cattle fair. The delegation is composed of the deputy minister of MIDA, Gerardino Batista, the director of IDIAP, Herman Gnaegui, and two technicians.
Producers will have technical assistance with fruit-growing, guaranteeing them the sale of their harvest.
Agustin Calderon, Director of the Project Coordinating Office from the Ministry of Agriculture, and who witnessed the signing of the agreement, said that this type of accord favors producers, since it cuts out intermediaries, who in the end are usually the ones to get the best earnings from the efforts of farmers.
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