Will the Guatemala - Peru FTA Take Effect?A proposal has been made to reactivate the process so that the commercial agreement, which was approved by the Peruvian congress in 2013, completes the ratification process in the South American country and enters into force.Monday, June 12, 2017
The main factor that has delayed the entry into force of the Free Trade Agreement between Guatemala and Peru has to do with the conflict that arose in 2013 due to the tariffs imposed by the Andean nation on imports of sugar from Guatemala, which resulted in the Guatemalan government filing a complaint with the WTO. Source: elperiodico.com.gt Request more information: July 2013 An agreement between parliamentarians has pushed forward the ratification process, which was stuck due to the resistance of the sugar industry. October 2011 Producers from the Guatemalan sugar industry have not accepted the Peruvian proposal. July 2011 The Peruvian Foreign Trade Minister referred to the benefits of a free trade agreement which the two countries are negotiating. June 2011 More than 5000 Guatemalan products will enter the Andean country duty free.
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