Guatemala-Cuba Trade Agreement

Shrimp, mangoes, confectionery, non-alcoholic beverages and electric accumulators are some of the products that will have tariff benefits with the signing of the Partial Scope Agreement between both countries.

Friday, November 2, 2018

From the press release of the Ministry of Economy of Guatemala:

October 31st, 2018. To accelerate the reduction of mutual tariff preferences granted to a list of 61 products traded in the Guatemalan and Cuban markets, according to the Partial Scope Agreement (PSA) in force since 2001, this Wednesday, trade authorities of both countries signed in Havana, the so-called "Second Protocol to Modify the Deepening of the PSA between Guatemala and Cuba."

The signed Protocol will allow tariff exemption and tariff reduction for more than 60 products, including: Shrimp; Mangoes; Confectionery; Non-Alcoholic Beverages; and Electric Accumulators.

In addition, the Protocol, signed at the International Fair of Havana, also included a Work Schedule which contemplates until October 2019 to incorporate new products to the PSA, as well as the update of the original signed texts.

This will result in an updated agreement to be signed, since the current Agreement has been already 17 years old.

Read full press release.

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More on this topic

Panama and Cuba Extend Reach of Commercial Agreement

November 2014

With the modifications negotiated for Partial Scope Agreement Panama will obtain new preferences for 73 tariff lines and improvements in 31 lines, related to agricultural and industrial products.

From a statement issued by the Ministry of Commerce and Industry of Panama (ICIM):

Trade Agreement Panama -Trinidad & Tobago

October 2013

In the case of Panama, 40% of the negotiated tariff lines will receive 100% preferential rate.

Two years after the end of negotiations, both countries officially signed the Partial Scope Agreement.

Some of the products that will benefit Panamanians with this rate are live animals for breeding, fresh and chilled meats, fish, cheese, eggs, wheat, salt, paper and cardboard.

Commercial Agreement Guatemala-Trinidad & Tobago

April 2013

In late May, the two countries will officially sign a partial scope agreement.

According to Maria Luisa Flores, vice minister of Foreign Trade and Integration in Guatemala, the signing will take place on 30 or 31 May, taking advantage of the visit of foreign business people participating in the Guatemala Investment Summit.

Panama and Cuba Expand Trade Relations

December 2011

Panama and Cuba have signed a Framework of Understanding for the Extension of the Partial Scope Agreement between both countries.

A press release from the Panamanian Ministry of Commerce and Industry reads:

The Minister of Commerce and Industry from Panama, Ricardo Quijano signed with the Minister of Foreign Trade and Foreign Investment in Cuba, Rodrigo Malmierca, a Framework of Understanding for the Extension of the Partial Scope Agreement between both countries.

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