From October 1 to 3, Guatemala will be hosting a Conference on Free Zones of the Americas, where topics such as the potential and benefits of companies in the sector will be discussed.
From a statement issued by the Association of Free Zones of the Americas:
Guatemala, September 19, 2018.- The Association of Free Zones of the Americas - AZFA - together with the Santo Tomas de Castilla Free Zone, Chamber of Industry, Chamber of Commerce and the Ministry of Economy, presented the twenty-second Conference for Free Zones of the Americas to be held from October 1 to 3 at Hotel Casa Santo Domingo, in Antigua Guatemala.
There is still no legal framework to manage the international cooperation funds that would finance the implementation of the customs union between the two countries.
Even though the Central American Economic Integration Secretariat (SIEC) announced "progress" in the process of the Customs Union between Guatemala and Honduras, Elperiodico.com.gt denounced the obstacles preventing it, "...
The governments have confirmed that the process of technical implementation of the customs union will take between five to six months.
The Minister of Economy and Finance Ruben Morales referred to the process of the Customs Union between Guatemala and Honduras as "a gradual and progressive process, since its implementation will take five to six months. This process involves several institutions in the two countries. "
The decree approved by the Guatemalan Congress was the missing step needed to implement the free movement of people and goods between the two Central American countries.
From a statement issued by the Ministry of Trade:
Guatemala, January 22, 2016. The Congress of Guatemala yesterday approved a Protocol Enabling the Deep Integration towards the free movement of people and goods between the Republics of Guatemala and Honduras.
From 12 to 14 November representatives from free zones in Latin America will be gathering together in Panama City to discuss issues such as changes in legislation and the role of free zones in the logistics chain.
The topics to be discussed range from innovation and new business in free zones and industries to changes to key legislation for the creation of logistic nodes.
Analysis of the impact of the Trans-Pacific Partnership on the region.
The competition which sectors such as textiles could face is one of the elements raising questions among employers in the region, compared to the real benefits that could be accrued if Central America participates in the Strategic Economic Trans Pacific Partnership (TPP).
The presence of direct competitors, such as countries like Vietnam, in the textile sector, and the possibility of losing dominance in the American market due to trade rules that TPP countries must meet, is unsettling the productive sectors in the region and forcing a reckoning of the pros and cons of a possible entry to the block to be undertaken.
On 22nd and 23rd of August entrepreneurs from 10 American countries related to activity of free zones will be meeting in Panama.
Representatives from Colombia, the Dominican Republic, Guatemala, Uruguay, the USA, Paraguay, Brazil, Ecuador, Argentina and Panama, will be taking part in the event organized by the Association of Users of the Colon Free Zone (AU).
The XV Latin American Conference on Free Zones will discuss the challenges and opportunities they face, especially from 2015 when the WTO requires the elimination of export tax incentives.
The "XV Latin American Conference on Free Zones" will take place from 26th to 28th October this year at the Hotel Casa Santo Domingo, Antigua Guatemala, Guatemala.
The XV Latin American Conference on Free Zones will be held in Antigua Guatemala, from 26 to 28 October.
One of the points to be discussed at the conference is the new requirements for tax incentives required by the World Trade Organization (WTO), which need to be in place by 2015.
Lorena Alvarez writes in Elperiodico.com.gt, "the event will bring together 500 businessmen, officials and delegates from international Latin American countries, Spain and Portugal, according to the organisers."
Brazilian President Luiz Inácio Lula da Silva is flying in tomorrow to El Salvador to explore the possibilities of a trading alliance between Central America and the South American alliance, Mercosur.
Spokesman Marcelo Baumbach said Lula is slated to address a Brazil-Central America business forum tomorrow. Later he will attend the summit of the Central American Integration System, where he will meet with the region's presidents.