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.
This week a Japanese trade mission will arrive in the country looking for business opportunities in the alternative energy sector.
From a press release published in Diario de Central America:
In order to conduct business meetings with officials from the Ministries of Economy and Energy and Mines, this week will see the arrival of a delegation from Japan, which is interested in investing in alternative energy, said Byron Escobedo the Guatemalan ambassador in the Asian nation.
Guatemalan businessmen are being encouraged to participate in the 39th edition of FOODEX 2014, in Japan.
From a press release issued by the Guatemalan Association of Exporters (AGEXPORT):
The Ministry of Economy (MINECO), the School of Foreign Trade and the Department of Trade Promotion and Information AGEXPORT, with the support of the Japanese Embassy in Guatemala, the trade promotion office in Japan JETRO and the Japanese International Cooperation Agency JICA are to hold a Conference entitled: Opportunities and marketing strategies for exporting to Japan, with the aim of promoting trade between Japan and Guatemala.
Guatemalan businesses and diplomats have traveled to south east Asia with the aim of strengthening the Free Trade Agreement (FTA) signed between the countries four years ago.
Another of the visit's goals is to explore the potential for Guatemala's to take advantage of the Economic Co-operation Framework Agreement (ECFA) recently signed between Taiwan and China.
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