Business groups in Kuala Lumpur, may be interested in importing processed food and agro products from Guatemala, said Bieyka Jimenez Quezada, the commercial counselor from the Malaysia Embassy in Mexico City.
At the same time, Malaysian companies are offering Guatemala technology, machinery and equipment, especially for the production of palm oil. They may also export goods, chemicals, petroleum products, auto parts, medical devices and electrical products, reported Prensalibre.com.
Jimenez gave a presentation to members of the Guatemala Chamber of Commerce (GCC). "We believe that Guatemala may be an important partner in the region for Malaysian entrepreneurs," said the counselor.
For his part, Jorge Briz, president of the GCC, said there is interest from Guatemalan entrepreneurs in exploring that market and making business alliances."Sugar and other commodities produced in Guatemala have opportunities in those markets," he said.
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Businessmen from Korea, India and the U.S. visited Guatemala in search of investment opportunities in sectors such as medical equipment, clothing and cosmetics.
The Koreans will meet today with local entrepreneurs in order to promote products such as medical equipment, LED lighting, cosmetics and technology, in order to generate more business opportunities.
Guatemala’s chamber of commerce has indicated the desire of businesses to enter the Ecuadorian market.
Jorge Briz, director of the Guatemalan Chamber of Commerce (CCG), commented that the National Council for the Promotion of Exports (Conapex), will seek a partial trade agreement (APP in Spanish) with Ecuador.
Honduran businessmen will be visiting Peru from April 1st to 5th to explore trade and investment opportunities.
The mission will be led by Assistant Secretary for Economic and Trade Integration and consists of 25 entrepreneurs from the construction, coffee, agribusiness and tourism, sectors among others.
The Asian country is primarily interested in Guatemalan products such as lumber and fish flour.
In August 2009, a group of Taiwanese businessmen will visit Guatemala looking to take advantage of the possibilities created by the Free Trade Agreement between the two countries which has been ratified since July of 2006.