CA Looks for Better FTA with Colombia

Guatemala, Honduras and El Salvador will review the FTA they have with Colombia in order to making it better.

Thursday, September 16, 2010

Since February, when the treaty came into effect, the countries of "Triángulo Norte" (union of Guatemala, Honduras and El Salvador) haven't got positive economical results and exports have been minimal. gets comments from René Salazar, Director of the Salvadoran office in charge of Trade Agreements, "One of the purposes is to expand the commercial exchange, but it is also intended that both parts could "socialize" this agreement, 'making it reach all the productive sectors of the country'."

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FTA Doubles Trade Between Guatemala and Colombia

March 2013

In the three years that the FTA has been in effect the trade balance favorable to Colombia increased from $251 million in 2009 to $527 million in 2012.

The nations of the Northern Triangle of Central America, Guatemala, Honduras and El Salvador, have a free trade agreement with Colombia, whose enactment in 2010 produced immediate effects, rapidly increasing trade in goods and services between the FTA parties.

FTA Colombia – Honduras Now In Force

March 2010

The Free Trade Agreement between both countries has been in effect since last Saturday.

With Honduras, Colombia concludes an FTA with the ‘northern triangle’ (Guatemala, El Salvador and Honduras). In November 2009, a Free Trade Agreement with Guatemala came into effect, and in Febraury the same happened with El Salvador.

FTA Colombia – El Salvador Comes Into Effect

February 2010

The Free Trade Agreement signed by both countries came into effect on Monday.

53% of Colombia’s industrial goods now benefit from zero tariffs when entering El Salvador.

“The agreement was signed as part of a wider trade treaty with the countries located in the northern part of Central America. Guatemala has already subscribed the agreement, and Honduras is the only one remaining”, reported business magazine América Economía.

Guatemala: Attractive to Colombian Investors

June 2009

Since the ratification of the FTA between both countries, investment in tourist, health, and financial services have stirred the interest of Colombian entrepreneurs.

Exports from Colombia to Guatemala have shown an increase of 22% this year thus far.

Álvaro Concha is the director of the commercial affairs office in Colombia for the North Triangle (Proexport), which covers Guatemala, El Salvador, and Honduras.

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