Guatemala is interested in negotiating a trade agreement with Turkey

Published 2021년 10월 4일

Tridge summary

Guatemala is keen to negotiate a Partial Scope Agreement (AAP) with Turkey, drawn by Turkey's infrastructure and its role as a gateway to the Middle East and Eastern Europe. The lack of Latin American products in the Turkish market is seen as a opportunity for Guatemala. Currently, the main exports to Turkey are bananas and cardamom, with sales rising by over 59% in the first half of 2021. Vice Minister of Economy, Lisardo Bolaños, highlighted the potential for Guatemalan companies to improve agriculture and fishing through the use of drones, as learned during a recent visit to Turkey.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

EFE.- Guatemala is interested in negotiating a Partial Scope Agreement (AAP) with Turkey for its "excellent" infrastructure and for being a gateway to the Middle East and Eastern Europe, said the Vice Minister of Economy, Lisardo Bolaños on Monday. The official commented at a press conference that there is an absence of Latin American products in the markets for Turkish consumers, as he was able to observe in a recent visit he made to that country, which opens a possibility for Guatemala to negotiate the AAP with Turkey. "We hope to make progress in the coming months (on this issue) because Turkey can become a gateway to the Middle East and Eastern Europe thanks to the ports it has and its excellent infrastructure," emphasized Bolaños, head of Investment and Competition at the Guatemalan economic portfolio. The deputy minister explained that there is still no date to start negotiating the trade agreement, although he announced that next February Minister Antonio Malouf could visit ...

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