President Barack Obama has signed a proclamation that tidies up various outstanding trade tariff issues, including the implementation of US tariff preferences for Nepal and the Central African Republic.Read Full Story
On November 16, South Korea and the six Central American states – El Salvador, Guatemala, Honduras, Nicaragua, Panama, and Costa Rica – agreed the details of a free trade agreement, according to an announcement from the South Korean Ministry of Trade, Industry and Energy.Read Full Story
Guatemala needs to raise fiscal revenues to at least 15 percent of gross domestic product in the longer term to accommodate higher social and infrastructure spending, and to support efforts to reduce crime and corruption, the International Monetary Fund has said.Read Full Story
The success of the proposed tax increases that the President of Guatemala introduced to Congress hinges on overcoming likely court challenges, as well as the success of the ongoing reform to the country's tax authority, Fitch Ratings has said.Read Full Story
El Salvador and Bolivia on July 20-21, 2016, held a second round of negotiations towards a Partial Scope Agreement that would lower tariffs on trade between the two countries.Read Full Story
El Salvador has been granted financial assistance to enable the nation to continue to engage in negotiations with other Central American states towards a free trade deal with South Korea.Read Full Story
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