3,650 Jobs Created by CAFTA in GuatemalaAfter three years of ratifying the agreement, investments from the United States have increased by 22%.Thursday, July 2, 2009 ![]() According to the American Guatemalan Chamber of Commerce (AmCham) the signing of the Free Trade Agreement between the United States, Central America, and the Dominican Republic has generated an increase in investment, mainly in the call center industry. Source: sigloxxi.com El Salvador AmCham points to opportunities in US Mid-WestJuly 2008 El Salvador's American Chamber of Commerce and the Latin American Illinois Trade and Investment Office told Salvadoran business people that the US Mid-West, with its 59 million inhabitants, represents a major business opportunity. Foreign Investment Falls 7.2% in GuatemalaJune 2009 $631 million have entered the country between January and June, 7.2% less than the $680 million during the same period in 2008. Trade with US up by 20 percent in two years of CaftaJuly 2008 Trade in some of the countries involved has grown by 20 percent since the introduction two years ago of the Cafta accord between the United States and Central America and the Dominican Republic, according to US Department of Trade figures. DR-CAFTA: Problems with Certificates of OriginAugust 2011 U.S. products are arriving with certificates of origin stating they are part of NAFTA, the trade agreement between the U.S., Canada and Mexico, which means that when they enter Guatemala they lose their tax privileges from the FTA with Central America. |
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