The agreement on trade facilitation came as an initiative of the World Trade Organization (WTO), which deals with the rules governing trade between countries and is made up of 161 countries. The increased importance of the agreement is based on the fact that it is the first to be signed since the establishment of the WTO.

According to the president of Chamber of Industry of Guatemala, Oscar Emilio Castillo, in terms of trade facilitation, current management at border crossings is one of the factors that most significantly affect logistics performance, and hence trade, between Guatemala and Central America.

The first edition of the Business Congress on issues of trade facilitation will be held in Guatemala as a joint effort between Guatemala Chamber of Industry and the Federation of Industrial Chambers and Associations of Central America -FECAICA-.

Source: Associations Coordinating Committee for Agricultural, Commercial, Industrial and Financial

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