Guatemala to Expand FTA with Colombia

Guatemalan authorities announced that in the coming weeks they hope to finalize the extension of the FTA with the South American country, which will consist of inclusion of the textile and rubber sector.

Wednesday, February 28, 2018

With the aim of continuing to promote Guatemalan exports from the textile industry, Executive authorities stated that after the last visit to Colombia, they were able to reach an agreement to expand the conditions of the FTA.

Regarding the negotiations for the extension of the treaty, the minister of economy, Acisclo Valladares, informed that " ... "It is a great achievement to have reached agreements on expansion of the treaty, which has been under negotiation for the last few weeks, in terms of opening up in the textile and garment industry." "

The ministry leader added that "... In  the next few weeks, Guatemala hopes to finalize the expansion of the Free Trade Agreement (FTA) between the Northern Triangle of Central America (Guatemala, El Salvador and Honduras) and Colombia, which aims to include the textile and rubber sector."

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