Guatemala, India Begin Free Trade Agreement Talks
by Mike Godfrey, Tax-News.com, Washington
20 October 2014
Officials from Guatemala and India on October 15, 2014, formally agreed to begin negotiations towards a free trade agreement (FTA).
Guatemala's Minister of Foreign Affairs, Carlos Raul Morales, met with India's External Affairs Minister, Sushma Swaraj, during a two-day visit to India. The two ministers signed a partial agreement, considered to be "the little brother" to an eventual full FTA.
Morales said that a deal would improve Guatemala's access to the Indian market. According to Guatemala's Foreign Ministry, Guatemala's trade deficit with India averages USD152m per year.
In a bid to expand its treaty network, last month Guatemala added its name to a multi-party FTA with Mexico. The terms of the FTA also apply bilaterally between Mexico and Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua.
To see today's news, click here.
Tax-News Reviews

A review and forecast of Cyprus's international business, legal and investment climate.

A review and forecast of Malta's international business, legal and investment climate.

A review and forecast of Jersey's international business, legal and investment climate.

A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »