In order for Guatemalan producers to compete under the same conditions as neighboring countries, the government is preparing a bill that seeks to exempt agricultural inputs from VAT.
The initiative, known as the "Fiscal Equity Law", is being prepared by the Ministry of Agriculture, Livestock and Food (Maga), because, according to the institution's top official, other Central American countries do not charge value-added tax (VAT) on agricultural inputs.
The initiatives of Competition, Leasing and the reforms to the General Law of Telecoms are some of the projects that the new administration of Giammattei plans to present to the Congress of Guatemala.
During his inaugural speech, the new president of Guatemala gave the first guidelines in the economic field, highlighting which projects should be streamlined in the Legislative.
Last December 2, the new Credit CardLaw proposal received a favorable opinion from the Economy Commission of the Guatemalan Congress, and now it should be discussed in the plenary session.
In Guatemala, Congress is discussing a bill that seeks to increase the arrival of flights to the country through tax incentives for airlines, which would be coupled with the elimination of improper tax charges.
On August 14, 2019, the President of the Legislative Branch, Álvaro Arzú Escobar, presented to Congress initiative 5585, which has the support of the International Air Transport Association (IATA), the Latin American and Caribbean Air Transport Association (ALTA) and the Guatemalan Association of Air Lines (AGLA). See full bill.
After the Constitutional Court temporarily suspended the legal framework regulating part-time work in Guatemala, a new proposal advances in Congress.
This is bill 5477 has received a favorable opinion from the Labor Commission of the Congress of the Republic and is pending discussion in the plenary of deputies.
In Guatemala, a group of residents of San Pedro Carchá asked the Constitutional Court to suspend Renace's operations, arguing that there was no community consultation prior to the development of the project.
On October 23, a public hearing was held in the country's capital in which the Constitutional Court heard the positions of the interested parties.
After the Constitutional Court suspended the agreement regulating part-time employment in Guatemala, the exporters' union asked to be a third party interested in the case, because without the regulations, the generation of formal employment is weakened.
Arguing to defend "the interests of the workers", labor union groups in Guatemala filed an appeal against the recently approved agreement regulating part-time employment in the country, and in response, the Constitutional Court decided to temporarily suspend it.
After several years of discussion, on June 27, 2019 Governmental Agreement 89-2019 was published in the Official Newspaper. This Agreement establishes the Regulations of Convention 175 of the International Labor Organization (ILO) to regulate the hiring of part-time staff in the country.
The Guatemalan union of recycling companies estimates that the recycling industry could stop generating about $240 million per year if the agreement prohibiting the use and distribution of single-use plastic goods enters into force.
Following the publication of the agreement prohibiting the use and distribution of single-use plastic articles, some companies are beginning to analyze possible options for no longer relying on this type of product.
In Guatemala, an agreement was published prohibiting the use and distribution of disposable plastic bags in their different presentations, shapes and designs, as well as containers made of expanded polystyrene, known as duroport, a measure that will enter into force in two years.
The Ministry of Health of Guatemala published in the Official Newspaper the agreement that regulates the commercialization of antibiotics and ophthalmological steroids, and granted 30 days for pharmacies to begin to implement the restrictions.
The regulation that will begin to govern was approved by the Ministry of Public Health and Social Assistance (MSPAS) on August 7, and stipulates that antimicrobial drugs (oral and parenteral antibiotics) and ophthalmic steroids, must be sold after being prescribed. See full agreement.
Deputies of the Guatemalan Congress ask that the agreement that regulates the commercialization of antibiotics and ophthalmological steroids, recently approved by the Executive Branch, be repealed.
Controversy between representatives of the legislature and the executive began after the Ministry of Public Health and Social Assistance (MSPAS) approved Agreement 181-2019 on August 7, 2019, which stipulates that antimicrobial drugs (oral and parenteral antibiotics) and ophthalmic steroids must be sold with a prescription. See full agreement.
An agreement regulating the sale of antibiotics and ophthalmic steroids in the country was approved, which can now only be sold with a prescription.
On August 7, 2019, the Ministry of Public Health and Social Assistance (MSPAS) approved Agreement 181-2019, which stipulates that antimicrobial drugs (oral and parenteral antibiotics) and ophthalmic steroids must be sold after being prescribed. See full agreement.
The lack of a competition law in Guatemala could expose the country to sanctions from the European authorities, since it is a requirement demanded in the regulations of the Association Agreement with the European Union.
Since the end of 2016, the Association Agreement (AdA) required Guatemala to have a law on the matter, since in 2019 a Central American competition authority would have to be created. However, it cannot operate, because there is no legal framework.
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