The union of Guatemalan merchants and the embassy of Peru signed an agreement to increase trade between the two economies.
According to figures from Banco de Guatemala, in 2017 the Central American country imported $71 million worth of goods from Peru and exported $86 million worth to the South American country.
The Chamber of Commerce of Dubai will be setting up a regional office in Panama, from where it also intends to explore business in other countries of the region.
From a statement issued by the Ministry of Industry and Commerce of Panama:
MICI 27-2-2018.The Ministry of Commerce and Industry (MICI) and the Chamber of Commerce of Dubai have signed a Memorandum of Understanding for the establishment in Panama of a regional site for this organization, taking advantage of the connectivity, logistics platform and services that make us the Great Connection of Latin America, which makes us the perfect complement to Dubai, which operates as the main hub of the Middle East.
Identifying business and investment opportunities between the two countries is one of the goals of the newly created business chamber.
One of the sectors that could benefit is linked to organic and natural goods production, considering that "... 'in Europe the demand for these goods increases between 15% and 20% per year and European consumers are willing to pay a premium of almost 30% if a product is labelled 'bio'," explained the Ambassador of the European Union, Stella Zervoudaki.
The ACIGS aims to develop trade and economic ties between Guatemala and El Salvador, promoting joint projects to improve the results of trading balances.
According to Gustavo Novola, president of the Guatemalan Salvadorian Commercial and Industrial Association (ACIGS) at the end of 2013 a business conference will be held conducive to increasing the sales of both nations.
The Union of Central American Bi-National Chambers of Commerce, Industry and Mexican Investment has been formally established.
Ucabicimex is "formed by the Chamber of Industry and Commerce of Costa Rica - Mexico (Cicomex), the Salvadoran - Mexican Trade (Chamber Casalmex), the Guatemalan - Mexican Chamber of Commerce and Industry (CAMEX), the Honduras - Mexico Enterprise Chamber ( CEHM), the Mexico - Costa Rica Enterprise Chamber (Camexcr), the Mexico - El Salvador Enterprise Chamber (Camexsal), the Mexico - Nicaraguan Enterprise Chamber (Camenic) and the Mexico - Panama Chamber of Commerce (Camexpa) ", reported Nacion.com.
The Chamber of Commerce (ICC) has launched a new version of the rules of arbitration, which will become effective from the first of January 2012.
The new version aims to improve the current and future needs of companies and governments involved in trade.
The Arbitration Rules 2012 remains true to the values and preserves the essential characteristics of ICC arbitration, while adding new provisions to address such topics as contracts and disputes involving multiple parties, updating procedures for
The main objective of the new entity is to facilitate trade and cultural exchange between the two countries.
Among its activities, providing information about goods and services of interest to Russian and Guatemalan entrepreneurs and looking for Russian investment in the country are highlighted.
Dan Berger, board member, informed Prensalibre.com: "The new entity will be responsible, among other things, for being an intermediate so that business between Guatemala and Russia can become a reality. It will give advice to partners in finance, tax, business, customs and promote the creation of a free trade agreement between Russia and Guatemala."