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Central 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. Riots and the Fight Against SmugglingWednesday, November 20, 2019 As a result of the operations carried out by the Superintendence of Tax Administration to stop smuggling, in recent days there have been two attacks on the customs area of Tecún Umán I, on the border between Guatemala and Mexico. According to information provided by the Guatemalan authorities, on November 13 and 17, groups of alleged smugglers attacked the customs of Tecún Umán I in San Marcos, because in the operations deployed by the tax authority, merchandise was seized that was not declared upon entry into the country. 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). 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. 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. Costa Rica - Brazil Business ConferenceMonday, August 22, 2016 On August 31 and September 1 Brazilian companies manufacturing medical supplies, dental materials and prostheses, wheelchairs and medical furniture, will be visiting Costa Rica in search of business opportunities. Dental implants, telemedicine services and equipment, equipment for laboratories and dental offices, conventional and electric wheelchairs for adults and children, and health treatments are some of the products that will be showcased by Brazilian companies during the business conference. Honduras - Peru FTA OpportunitiesWednesday, May 10, 2017 Increasing imports of Peruvian garlic and raising exports of shrimp products from the South American country are some of the opportunities that Honduran entrepreneurs could take advantage of. Representatives of the Peruvian government detailed the opportunities that exist under the free trade agreement, which could be exploited more by Honduras, since currently imports from the South American country are about $80 million a year, while exports are only $2.3 million. Panama to Import Packaging for EggsMonday, September 5, 2016 The union of poultry farmers will be importing egg cartons because of local shortages caused by a fire in the only factory making this type of packaging in the country. From a statement issued by the National Association of Poultry Farmers in Panama: 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. Tariff Dispute: Colombia's New OffensiveWednesday, August 14, 2019 The South American country decided to impose a tariff of 37.9% on clothing when its declared FOB price is less than or equal to $20, again affecting businessmen in the Colon Free Zone in Panama. Decree Number 1416 of the Ministry of Commerce, Industry and Tourism of Colombia, dated August 6, 2019, specifies in its Article 1 that establishes "... a tariff of thirty-seven point nine percent (37.9%) on imports of products classified in chapters 61 and 62 of the National Customs Tariff, when the declared FOB price is less than or equal to 20 United States dollars per gross kilogram." Promise to Sign FTA with South KoreaFriday, August 9, 2019 Guatemalan authorities, the only country in the region that is negotiating the FTA with Korea unilaterally, announced that they will speed up efforts to sign the agreement before the end of the year. The announcement was made by President Jimmy Morales in the company of the Minister of Economy, Acisclo Valladares Urruela, before the members of the board of directors of the National Coffee Association (Anacafé), which is one of the sectors that is demanding the adhesion of the country to the Free Trade Agreement (FTA) between Central America and South Korea. Tire Imports and Exports in Central AmericaThursday, July 21, 2016 In 2015 countries in the region imported 130,650 tons of new pneumatic tires, worth $469 million, while Costa Rica exported 30,626 tons. Data on the Pneumatic Tires Market in Central America, provided by the Business Intelligence unit at CentralAmericaData.com, shows that Guatemala led imports made by Central American countries in 2015, with a total of $132 million in value and 39,471 metric tons. Chinese Steel Imports Must Be ReportedTuesday, March 18, 2014 The measure adopted by the government of Guatemala is part of an investigation into dumping on imports of zinc sheets from China. From March 17 all steel import operations from China must be reported to the Ministry of Economy using an electronic form. Purchases and Sales of Glass in Central AmericaWednesday, August 17, 2016 In 2015 Guatemala led the import of glass and glassware in the region, with 87,000 tons worth $63 million, followed by Costa Rica, which bought from abroad 84,000 tons, for $60 million. Market figures for glass and glassware in Central America compiled by the Business Intelligence Unit at CentralAmericaData.com show that in 2015 the countries in Central America together imported 331,000 tons of glass and glassware, equivalent to $287 million. |
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Sunday, December 15, 2019 - last update: 5:36 pm
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