Guatemala Joins FTA with EFTA countries
After consultation with the productive sectors Guatemala's government has decided to join the group of Central American countries negotiating a free trade agreement with Switzerland, Iceland, Liechtenstein and Norway.
Tuesday, August 21, 2012
Guatemala had ruled out the idea of participating in the negotiations for a free trade agreement which Panama, Costa Rica and Honduras began with Switzerland, Iceland, Liechtenstein and Norway, members of the old continent that are not part of the European Union and that in turn make up the European Free Trade Association (EFTA).
The region will hold the first round of negotiations with the European Free Trade Association (EFTA).
These four countries comprise the European Free Trade Association (EFTA) with which Central American countries have begun negotiations toward a free trade agreement (FTA)
The third round of negotiations for EFTA ended on Friday August 24th having made significant progress.
Technical teams from Central America and the European Free Trade Association (Switzerland, Norway, Iceland and Liechtenstein) are making good progress in the second round of negotiations on an FTA.
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