españolCentral America - Mercosur FTA: Will It Be Done?Thursday, December 5, 2019 The possibility of negotiating a free trade agreement with the trade bloc of South American countries is back on the discussion. The issue will be discussed in detail at the meeting of the Council of Ministers of Economy of the region (Comieco), to be held in El Salvador on December 5 and 6. Trade Intelligence Office in PanamaThursday, October 17, 2019 The new government agency will focus on investigating trade flows and identifying market opportunities for importers and exporters in the country. The new office will focus primarily on the identification of export business opportunities, within the accesses to markets that have been achieved in the negotiation of different trade agreements signed by Panama, informed MICI. Chinese Companies Seeking Business in GuatemalaWednesday, October 16, 2019 From October 17 to 20, the VI Commercial Exhibition will be held in the Guatemalan capital, in which 41 businessmen from the Asian country will present their commercial offer. For the event to be held at the Majadas Forum Exhibition Hall, Chinese businessmen will exhibit automotive products, agricultural and light machinery, intelligent electronic and lighting equipment, construction materials, technology, everyday items and more. Guatemala's Trade Mission to MexicoWednesday, September 4, 2019 From October 22nd to 25th, 2019, companies from several sectors of Guatemala will visit Mexico, where they will have business appointments with potential buyers, institutional visits and supermarkets. The Trade Mission has no cost and has the support of the Ministry of Economy of Guatemala, informed the exporters' guild. Guatemalan Trade Mission to IsraelThursday, August 29, 2019 From November 15 to 24, 2019, companies from several sectors of Guatemala will visit Israel to explore business opportunities. From the Agexport statement: International Trade: Workshop to Update ProceduresThursday, September 19, 2019 From September 24, the Chamber of Industry of Guatemala will begin to offer a training workshop on the updating of the Incoterms trade rules, which will apply from January 2020. The Incoterms are the rules of sale of goods, which offer security and clarity in trade, for companies and users around the world. They were created by the International Chamber of Commerce (ICC). Avocado: Some Lose, Some WinTuesday, September 10, 2019 Since Costa Rica suspended the entry of Hass avocado from Mexico, countries such as Chile, Peru and Nicaragua have taken advantage of the situation to increase their exports to the Costa Rican market. The dispute that is still unresolved dates back several years, when in May 2014 the Costa Rican authorities decided to ban the import of avocado from Mexico, arguing the existence of the disease called sunspot. See history of the conflict. Negotiations for a Trade Agreement between Guatemala and Israel BeginFriday, August 23, 2019 The first round of negotiations will take place in Guatemala from August 26 to 28, during which the lists of products of interest to both nations will be exchanged. Authorities from the Guatemalan Ministry of Economy (Mineco) informed that the agreement they seek to sign will not be a Free Trade Agreement (FTA), nor a Partial Scope Agreement, but rather a hybrid agreement. North Triangle: FYDUCA is DelayedTuesday, October 1, 2019 Guatemala, El Salvador and Honduras agreed that May 4, 2020 is the new date for the use of the Central American Single Invoice and Declaration. From the Agexport statement: New El Salvador - Holland Commercial ChamberMonday, September 10, 2018 The union is made up of 50 Salvadoran companies, and aims to promote opportunities for commercial exchange with companies in the European country. Last week the Bilateral Chamber of Commerce of the Netherlands in Central America (NETHCHAM) was inaugurated, which will mainly seek to increase exports from El Salvador to the Netherlands. Costa Rica Trade Mission to El SalvadorWednesday, July 29, 2015 On August 17th and 18th seven food exporting companies will be showcasing in El Salvador products such as tea, juices, sauces, chocolates, coffee, spices and nutritional supplements. The Foreign Trade Promotion Office of Costa Rica is organizing the activity, which is aimed at importers, distributors and buyers of Salvadoran food. The meetings will be held at the Holiday Inn hotel in San Salvador, from 8 am to 5 pm. Agreement with United Kingdom: Growing Pressure in GuatemalaMonday, September 30, 2019 Executive authorities and business representatives asked Congress to speed up the ratification of the Association Agreement with the United Kingdom, as the process must be completed by 31 October this year. This petition joins the one made at the end of August, when Simon McDonald, Undersecretary of Foreign Affairs of the United Kingdom, made a tour of the Central American countries, asking that the procedures be speeded up so that the Agreement signed with the region can be ratified. Trade Between the Dominican Republic and ChinaTuesday, May 8, 2018 In 2017 sales from the island to the Asian country totaled $145 million, of which $48 million were for telephone sets and $22 million for copper. Following the agreement last week between the Dominican Republic and China to formalize their diplomatic relations, the expectation is that trade between both countries will grow in the coming years.
MARKET STUDY
Pharmaceuticals: Purchases Increase by 15%Monday, September 2, 2019 In the first three months of the year, imports of pharmaceutical products in Central America totaled $835 million, 15% more than in the same period in 2018. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"] More Trade between Guatemala and PeruMonday, April 16, 2018 The union of Guatemalan merchants and the embassy of Peru signed an agreement to increase trade between the two economies. According to figures from Banco de Guatemala, in 2017 the Central American country imported $71 million worth of goods from Peru and exported $86 million worth to the South American country. |
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Thursday, December 12, 2019 - last update: 5:09 pm
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