Prensalibre.com cites a press release from the Ministry of Economy of Guatemala which notes that the conclusion is scheduled for Friday with issues being discussed such as market access, rules of origin and origin verification procedures.
"Along with a chapter on trade facilitation, sanitary and phytosanitary measures, technical barriers to trade, trade protection, trade in services, institutional provisions and dispute settlement.
If there is no agreement at the closure, the parties will have a fourth round of negotiations in late September in Guatemala. "
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The two countries held a second round of negotiations for a Partial Agreement, reviewing sanitary and phytosanitary measures, dispute settlement and other issues.
Technical teams from Guatemala and Trinidad and Tobago began the second round of negotiations for a Partial Scope Agreement (PSA) on Monday in Guatemala City in an effort to strengthen trade relations.
In late May, the two countries will officially sign a partial scope agreement.
According to Maria Luisa Flores, vice minister of Foreign Trade and Integration in Guatemala, the signing will take place on 30 or 31 May, taking advantage of the visit of foreign business people participating in the Guatemala Investment Summit.
After the negotiations have been completed, the Partial Agreement program will be signed in the first half of December 2012.
According to the Partial Scope Agreement (PSA), Guatemala will place in the market medicines, beef, vegetables, fruits and commercial refrigerators, and will receive rabbit meat, chemicals, evaporated milk, oil, agricultural inputs such as squash, sweet potato, veterinary products, adhesives , manufactured aluminium products, electrical switches, electrical wires and plastic brooms.
Both countries have begun talks with a view to sign a Partial Scope Agreement (AAP in Spanish).
Negotiating teams will hold meetings every 30 days, in order to start formal talks in early 2012.
Roxana Larios writes in Sigloxxi.com , "During 2010, the main products imported from Trinidad & Tobago were lubricating oils for industrial use, iron or steel wire, vaccines for veterinary use, and mobile phones among other things.