The main dairy producers and exporters in the region are preparing for the beggining of operations in Nicaragua by the Mexican dairy plant Lala.
It is expected that by early 2015 the plant owned by the company Lala will start operating in Nicaragua, meaning that "... Competition for the Central American market over milk and its derivatives will be more intense. "
A bill introduced by the government intends to streamline access to the Panamanian market for foreign companies in the provision of maritime auxiliary services.
Excerpted from the bill introduced by the government of Panama:
Law 41 of June 14, 2013, through which reform is made to Law No. 8 of 1998 is amended by Decree, Act 56 of 2008 and Act 57 of 2008 which dictates other provisions on the work at sea and on waterways, significantly restricting access to the Panamanian market to foreign investors in the provision of maritime auxiliary services in the Republic of Panama.
At the first meeting of the Council of the European Partnership Agreement - Central America raised the eventual accession of Croatia and topics related to denomination of origin.
From a press release issued by the Ministry of Economy and Commerce in El Salvador:
On June 27, in San Pedro Sula, Honduras, held the first meeting of the Association Council, the highest institutional body of the Association Agreement between Central America and the European Union, to oversee the fulfilment of the objectives of the Agreement and its application. This meeting was held between Ministers and senior officials, under the trade part of the Agreement.
The Guatemalan Exporters Association is organizing a course entitled "Trends in the Fruit Sector for 2014."
In order to raise awareness about new trends in 2014 regarding packaging, technology, markets and marketing in the fruit sector, the Department of Business Information and Market Intelligence, INFOEXPORT at AGEXPORT, will be running the course "Trends in the Sector Fruit for 2014" on the 11th of March 2014.
Unlike European and South American consumers, Asians show a greater willingness to pay more for organic products.
From an article by the Costa Rican Foreign Trade Promotion Office (PROCOMER):
The Spaniards are not willing to pay more for organic products, as is clear from the last Socialogue Report prepared by IPSOS in 24 countries worldwide. Although more than half of the Spanish population (51%) are appreciative of businesses who undertake initiatives to respect the environment, only 27 % were willing to pay more for these products.
Colombian SMEs see an opportunity to position themselves in Central America, alongside the corporations from that country that have already landed in the region.
Examples are Sirius and Cosméticos Bachué, two companies out of the nearly 200 SMEs interested in finding a place for their products in Central America and the Caribbean.
"Alvaro Gomez, director of the trade office Proexport in Costa Rica, said the country needs to double its power generation levels over the next eight years. This opens up great opportunities for electrical companies, like Sirius, in a country which in 2012 exported goods and services worth $274.4 million," noted an article in Elcolombiano.com.
The fall in consumption in Europe is forcing companies in the old continent to internationalize and find businesses in markets that have been hitherto unappreciated.
There is no longer such a thing as small markets, either in terms of size or purchasing power. And neither is the size of a company a limiting factor for, through the globalization of logistics, products to be sold worldwide, or to buy them from any country.
The Agency for Promotion of Exports and Investments in El Salvador (PROESA) has given a lecture on the market research services for exporters.
A statement by the Agency for the Promotion of Exports and Investments in El Salvador (PROESA) reads:
The Agency for Promotion of Exports and Investments in El Salvador (PROESA) has given a lecture on market research services for exporters in the seminar-workshop entitled "Market Intelligence" organized by Coexport.
Coca Cola FEMSA is planning to harness the potential of Latin America and make an aggressive expansion in the region, by backing dairy products.
Jose Castro, director of investor relations at the company, at an annual meeting with the media, said that after the acquisition of Blue Star Panama in March, the company will build a new plant in Panama and by the end of the year will have defined its business plan for achieving their expansion plans.
From their plant in El Salvador, the company will begin exporting to the U.S. and Puerto Rico in 2011.
With a $ 20 million investment, the company built a plant in El Salvador for the processing of fruit juices and nectars, which will export to Central America, Dominican Republic and southern Mexico.
"This year we allocated two million dollars in order to expand processing capacity and space at the container yard.
If we take into consideration which economies fared better in the crisis, we should seek trade partners in Asia and not in Europe.
Manuel Hinds analyzed El Salvador’s economy and exports, and his findings can be applied to the entire region. Costa Rica has already started the essential road to diversify its exports markets by closing Free Trade Agreements with China and Singapore.
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Facing threats from the Venezuelan Government to suspend Colombian imports, entrepreneurs from this country are looking for alternative markets in Central America.
Access to the Ecuadorian market could also be restricted, if the political problem between Colombia, and Venezuela and Ecuador, deteriorates further.
An article on the subject in Elespectador.com quotes Colombian Trade minister, Luis Guillermo Plata, as saying: "We must keep on looking for markets, this cannot be a response to the current conjuncture with Venezuela and Ecuador, it must be a constant effort. There are other markets, other partners, and we must move on", adding that "the markets demanding the most similar products to Venezuela and Ecuador, are the Central American ones, however, we will also make an effort to approach the Caribbean".