International Commerce Association Agreement between Europe and Central America Exports & imports Ministry of Economy of Guatemala exports ratificaction trade María Luisa Flores Guatemala Congress trade agreement Exports to Europe partnership Asociación Guatemalteca de Exportadores (AGEXPORT) Embajada de la Unión Europea en Guatemala Free Trade Agreement

Guatemala Ratifies EU Association Agreement

In order to complete the accession process, the Industrial Property Law must be published in the Official Journal, as well as the registration of 114 European GIs.

Friday, June 14, 2013

In addition to ratifying the trade agreement with the European Union, Congress also passed the Industrial Property Law. Stella Zervoudaki, EU ambassador in Guatemala, congratulated the members for having reviewed and given approval to the agreement which "is of paramount importance to Guatemala".

The diplomat said it was now possible for Guatemala to fully join the signed agreement, immediately after the completion of the registration process of geographical indications, which, if as long as opposition is submitted, could happen in the first weeks of September.

Source: sigloxxi.com

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Key entities

Embajada de la Unión Europea en Guatemala Stella Zervoudaki Guatemala Congress Asociación Guatemalteca de Exportadores (AGEXPORT) Fanny D. Estrada María Luisa Flores Ministry of Economy of Guatemala

Countries

Guatemala European Union

Insight

trade Association Agreement between Europe and Central America ratificaction exports exports International Commerce Exports & imports

Guatemala: Deadline Reached for Industrial Property Law

May 2013

Congress has until today to approve the amendments to the Industrial Property Act, necessary for the entry into force of the Association Agreement with the EU.

According to Stella Zervoudaki, European ambassador in Guatemala, the adoption of this law requires a 60-day period, plus two for the publication period, so that any interested party can submit their opposition, therefore even if Guatemala ratifies the agreement, scheduled for July 15, the country can not make use of the Association Agreement.

Risks of Delaying EU-Central America Agreement

May 2013

Those countries who have not ratified the Association Agreement with the European Union are at risk of losing markets compared to other Central American nations.

In an interview in Siglo21.com.gt by Celso Solano, with the ambassador to the European Union in Guatemala, Stella Zervoudaki, the official explained that there will not be any sanctions if Guatemala fails to ratify the agreement on or before May 15, but the country faces other threats.

Guatemala: Exporters Request Ratification of EU Agreement

April 2013

They believe that the country could lose competitiveness with partner countries and be at a disadvantage because neighboring Honduras and Nicaragua, have already ratified the agreement.

From a press release issued by the Guatemalan Association of Exporters (AGEXPORT):

The board of AGEXPORT met with the Guatemalan press, to publicly call on the Congress of the Republic of Guatemala, to ask them to ratify as soon as possible the Association Agreement (AA) between Central America and the European Union. According to exporters, Guatemala risks losing competitiveness with partner countries from the aforementioned continent, and being at a disadvantage because its neighbors, Honduras and Nicaragua, have already ratified it.

Guatemala: Exporters Urge Approval of FTAs

January 2013

Exports did not grow during 2012, and the industry is appealing to Congress to ratify various pending trade agreements.

"It is important to speed up in Congress the ratification of trade agreements", said the president of the Guatemalan Association of Exporters (Agexport), Francisco Menendez.