españolClothing: New Investment in Panama AnnouncedWednesday, January 22, 2020 The Swedish chain of stores Hennes and Mauritz announced that among its expansion plans is the opening of a sales point in Panama, which would be the first in Central America. According to an official statement that was released in mid-January, the plan of the company Hennes and Mauritz (H&M) is that its first store in the region will be open to the public by the end of the year. Exporters and Opportunities for 2020Wednesday, January 22, 2020 The marketing of organic shrimp, vegetable meat, Monk Fruit and carob are some of the innovative market opportunities that Guatemalan exporters have identified for this year. For the "Best Markets, Products & Services 2020 Study", prepared by the Market Development and Trade Promotion Department of AGEXPORT, 27 high potential markets for Guatemalan products and services exports were selected, identifying 18 countries and 9 states of the United States, which together with the 351 tariff items generate more than 900 commercial opportunities for the Guatemalan exportable supply and international markets, informed the sector's union.
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Alcoholic Beverage Purchases Grow at 16%Wednesday, January 22, 2020 From January to June 2019, Central American companies imported $205 million in alcoholic beverages, 16% more than the same period in 2018, explained again by the behavior of purchases from the U.S. and Mexico. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"] Nicaragua – Chile FTA Comes Into ForceFriday, September 21, 2012 Following the exchange of notes of ratification, the Free Trade Agreement between the two nations will become effective on 19 October 2012. A press release from the Foreign Ministry of Nicaragua reads:
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Central America Purchases More Chilean WineWednesday, December 18, 2019 In the first six months of 2019, Central American countries imported $38 million in wine, and purchases from Chilean companies increased by 11% over the same period in 2018. Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"] Rule of Origin in Chile - Guatemala FTAFriday, April 28, 2017 From May 2, goods being transhipped or goods in transit through third party countries will maintain the rule of origin within in the framework of the FTA between the two countries. The measure solved the problem of international transhipment between both countries, since under the current legislation, goods in transit lost the tariff benefits of the FTA when entering the territory of a signatory country. Nicaragua - Chile FTA in FebruaryTuesday, January 25, 2011 Both countries agreed to sign in February a bilateral protocol on a Free Trade Agreement (FTA). The announcement was made by the Chilean Ambassador to Nicaragua, Hernán Mena, adding that the agreement must be ratified by both congresses. Guatemalan Congress Ratifies FTA with ChileTuesday, November 17, 2009 After ten years of negotiations, the Free Trade Agreement with Chile was finally approved by the Guatemalan Congress. The Free Trade Agreement between Central America and Chile will come into effect 8 days from now. Nicaragua-Chile FTA Ready to SignWednesday, October 13, 2010 Nicaraguan Vice President Jaime Morales said he was optimistic that the signing will take place before the end of the year. These were statements by the vice president, after diplomatic representative from Chile, Hernán Mena Taboada, announced that his country is ready to sign the FTA with Nicaragua. Panama – Chile Trade IncreasesFriday, March 6, 2009 A year after the Free Trade Agreement between the two countries took effect, commercial trade increased by 40%. Roberto Gonzalez wrote in an article in Prensa.com: "The Ministry of Trade and Industry revealed that Panama is organizing a meeting to promote Panamanian goods and services in Chile. Chile and Nicaragua Sign FTAMonday, February 21, 2011 Ninety-six Nicaraguan products will enter Chile tariff-free. On the other hand, 67% of Chilean products will enter Nicaragua duty free. Nicargua and Chile Conclude FTA NegotiationThursday, May 20, 2010 The countries closed the negotiation process for a Free Trade Agreement between them; it must now be signed by their governments. Veronica Rojas, Nicaraguan Commerce Vice Minister, explained that in order to become active, the agreement must then be approved by the Legislative bodies of each country. FTA Chile – Guatemala In Effect Next MondayThursday, March 18, 2010 The Free Trade Agreement between both countries will come into force on Monday 22. The following Guatemalan products will enjoy immediate access to the Chilean market without paying tariffs: coffee, banana, fresh peas, rum, palm oil, medicines, crude oil and propane gas. 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. Registration for Electronic Billing RegimeWednesday, September 19, 2018 Starting next month, companies and individual taxpayers in Guatemala will be able to enroll in the online electronic billing system, which for the moment is not mandatory. This year the Superintendency of Tax Administration (SAT), created an agreement which makes available to all taxpayers the ability to issue of Electronic Tax Documents (DTE) such as invoices, debit and credit notes, receipts and other documents authorized by the institution. |
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Friday, January 24, 2020 - last update: 6:15 pm
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