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Guatemala and Cuba reaffirm importance of Trade Agreement

Guatemala City, May 20 (Prensa Latina) Just over 25 years after the Guatemala-Cuba Partial Scope Agreement came into effect, the importance of leveraging these trade instruments was reaffirmed in this capital.

The local Exporters Agency deemed it necessary to strengthen competitiveness, expand the presence of Guatemalan products and services in strategic markets, and continue boosting business internationalization.

The agency stated that the agreement, designed to benefit the export potential of Guatemala and Cuba, commemorated its 25th anniversary with tangible results.

It noted that since it entered into force, it has served as a platform to boost bilateral economic relations and promote market diversification for Guatemalan companies.

The agency underscored that Guatemala currently maintains a favorable trade balance with the Caribbean nation.

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