A Taiwan-Guatemala free-trade agreement (FTA) passed the first reading in the Legislative Yuan yesterday and is expected to become effective on Jan. 1.
Like Taiwan's first free trade agreement (FTA) with Panama its second free trade pact, with Guatemala, will have more significance politically than economically, economists said yesterday.
aiwan President Chen Shui-bian signed a free trade agreement with his Guatemalan counterpart Oscar Berger in Guatemala City on Thursday in a bid to use the Central American country as a gateway for more exports to the North American market.
Visiting Guatemalan President Oscar Berger said Tuesday that he expects a Taiwan-Guatemala free trade accord (FTA) to be signed in September or October.
President Chen Shui-bian said Monday that Guatemalan President Ocar Berger Perdomo has agreed to visit Taiwan in August and that he hopes to sign a Taiwan-Guatemala free trade agreement (FTA) with him by that time.
Guatemala has expressed keen desire to expand economic ties with India, and has said that the Government was working towards easing visa procedures to facilitate the visits of Indian businessmen and tourists.
Sitting in a dark room beneath photographs of union leaders slain in the 1980s, workers at a Guatemalan factory say they have been punched, threatened and followed by cars with darkened windows since forming a union in 2003.
The global bully, the United States, has just coerced Guatemala, its
latest victim, into repealing an important law to lower the price of
pharmaceuticals and promote generic competition. The U.S. ambassador to
Guatemala acknowledged that the Guatemalan law was intended to advance
public health objectives. But, no matter, he said -- U.S. commercial
interests in the form of Big Pharma demanded that the law go.
Two people were killed and many injured as violence broke out during protests in Guatemala on Tuesday 15 March when President Oscar Berge ratified the Central America Free Trade Agreement (CAFTA).