At the request of the business sector, the government has agreed to revise the rates for services in the Port of Quetzal in Escuintla and port Santo Tomás de Castilla.
From a statement issued by the Government of Guatemala:
The government plans to resume talks with Canada, which had been suspended because of differences over issues related to textiles and agriculture.
It is expected that the Ministry of Economy will meet with Canadian authorities to find out their position and interest in restarting negotiations which have been on hold for four years, with the aim of advancing the signing of a free trade agreement.
Wood, seafood, coffee and frozen vegetables are some of the products already going to Asia and the aim is to promote the opening of a sales office in Hong Kong.
According to Guatemalan authorities, the main import partner is China and in exports it is Japan. In 2013 exports to Asia generated $897.7 million, however, this figure is expected to be greater by the end of 2014, as Asian demand has increased.
Gallon of regular gasoline: Costa Rica $5.44, Nicaragua $4.78, Honduras $4.71, Guatemala $4.37, El Salvador $4.51 .
From a statement by Ministry of Economy of El Salvador:
The Ministry of Economy announces this August 4, the new variations in prices reference for fuel, which will be in force from 5th to 18th of August 2014.
A call is being made to national and international companies to participate in a tender for a pre-investment study for a project for multipurpose reservoirs with high water storage capacity.
An article on Dca.gob.gt reports that the Ministry of Economy, through the Program for Rural Economic Development, is calling on national and international companies to participate in a tender for a pre-investment study, to develop a project of multipurpose reservoirs with high storage capacity (rainwater and river), for implementation of an irrigation system.
The demand for credit by people who can not meet the requirements of regulated financial institutions, is favoring pawnshops and moneylenders.
Financial institutions operating under the official regulatory framework have requirements, as established in law, that many Guatemalans can not comply with when applying for a bank loan. This situation has resulted in an increase in the number of entities operating outside of the law, offering quick financing without a lot of formalities or requirements.
The Guatemalan government has announced that the bus manufacturer HIGER is studying the feasibility of installing an assembly plant for light vehicles in the country.
The interest of the Asian company was revealed in the context of a tour in Guatemala by business representatives from the company who came to explore investment opportunities.
The Ministry of Economy of Guatemala wishes to purchase hardware and software for the technology platform 'Ventanilla Agil de Importacion',VAI, (Streamlined Import Counter' in English) .
Guatemala Government Purchase 3214397, NATIONAL PUBLIC NOTICE LPI-MINECO-BID-2094/OC-GU No. 02-2014:
The Guatemalan Exports Association is organizing a course to show in detail how to meet the requirements for exporting under the terms of the FTA.
In order to find out in detail the procedures for successfully gaining a certificate of origin from major FTAs and avoid problems in customs operations, the School of Foreign Trade at AGEXPORT, will hold on March 31, 2014 a course entitled: "Certificates of Origin under the main commercial treaties signed by Guatemala Export / Import".
A Guatemalan corrugated steel manufacturer has pointed out that zinc sheetsimported from China are being sold at prices below the cost of sales at origin.
A drop in sales, shutdown of equipment and staff layoffs are the causes of the alleged dumping in the corrugated steel market, concludes a preliminary investigation conducted by the Ministry of Economy (Mineco) in response to a complaint lodged by the manufacturer Ternium.
Businessmen are decrying a lack of technical support from the State and difficulty in accessing bank financing.
Since 2012 nearly 450 workshops making handmade furniture in San Juan Sacatepequez have closed. A study by the Association for the Development of Communications reveals that a lack of funding, investment in machinery and technical support, are negatively affecting this sector.
European business people have criticised errors made by customs officials in implementing the terms of the Association Agreement.
After three months of the entry into force of the Association Agreement between Central America and the European Union, a lack of knowledge on the part of customs authorities has complicated the implementation of the trade agreement, as explained by the Chambers of Commerce and Industry of Spain (CAMACOES) Italy (Camcig) and Germany.
Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
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