Hindu Textile Businesses Seek Partners in Guatemala

Next Friday and Saturday 24th and 25th August a mission of businessmen from the Indian textile industry will be looking for investment opportunities and partnerships with Guatemalan companies.

Tuesday, August 21, 2012

According to information from the Indian Embassy in Guatemala, the meeting will take place on Friday at the Hall of the Hotel Camino Real Vega, Area 10. Buying and selling negotiation rounds will be held at the event.

"As the industry in Guatemala is highly dependent on imported yarn and fabric, the Indian Embassy in the country sees a huge potential for cooperation between India's textile and clothing sector in Guatemala", published Elperiodico.com.gt

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Regional Textile Industry Could Lose Its Advantages

July 2013

The Trans-Pacific agreement being negotiated by the U.S. could authorize Vietnam to get threads from China and export duty-free textiles to the North American nation.

The Ambassador of El Salvador in that country, Ruben Zamora, has already raised concerns with officials from the U.S.

Colombians Offer Franchises in Guatemala

June 2013

Representatives from the Institute for Exports and Fashion in Colombia are visiting the country in search of investors who wish to form strategic alliances.

The visit by the Colombians will be held prior to the textile and fashion show Colombiamoda 2013, to be held in Medellin from 23rd to 25th of July.

Guatemala Sees Threat in Transpacific

May 2013

The negotiation of an agreement between the U.S. and the Trans-Pacific Partnership would enable the country to purchase cheaper textiles from Vietnam, which would disadvantage Central American companies.

In an interview with Eddy Coronado for Prensalibre.com Sergio de la Torre, Guatemala's economy minister, explained that this negotiation could undermine the conditions that the member countries of CAFTA have negotiated, jeopardizing participation of Guatemalan products in those markets.

Is this the Moment of the Textile Industry?

May 2012

Aggressive measures must be taken in marketing and attracting investment in order to exploit the possibilities opened by the DR-CAFTA and changes in the global market.

From Diario de Centro América:

The CAFTA-DR region has opportunities for growth

The clothing and textile sector of the country is ready to compete globally.

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