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					                            Guatemala




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Trade Americas Conference
        - Denver
       April 2006                       1
                         Guatemala - Political

• Peace Accords signed in 1996,
  ending 36-year Civil War
• President Oscar Berger – 2004-
  08
• Dramatic decrease in military
  expenditures
• Largest indigenous population in
  Central America
• New: Organized Crime Law
• Economic Growth vs. Population
  Growth – Education and Health
               Guatemala - Economy

• Largest economy in Central America
• Economy nearly completely privatized
• Record remittances in 2005
• CAFTA ??
• Tax collections approximately 10% of GDP
• Tariffs relatively low: 1-17% for almost all
  products;
  VAT: 12%
• BB+ Credit Rating – February 2006
• World Bank Credit Program – 2005-08
           Guatemala - Commercial

• Regional Leaders: LaFragua/Pais, Pollo Campero,
  Cementos Progreso
• New Foreign Investment – WalMart, GE, Bayer,
  etcetera
• Strong U.S. Export Growth to Guatemala
• Customs agreements with El Salvador; Honduras
• Nearly half of imports from U.S.
• Tourism development: Ecotourism (Survivor);
  Mayan Culture; Volcanoes; Sailfishing
• Major Projects: Airports, Ports, Roads,
  Environmental, Ecotourism
               Guatemala - Challenges

•   Income Disparity
•   Security
•   Corruption / Rule of Law / Transparency
•   Judicial Reform
•   Investment Attraction (!!)
•   Economic Growth versus population growth
•   Healthcare; education
•   Unemployment / underemployment
•   Startups / SMEs
                                   Opportunities:
                              Best Prospect Industries

 Automotive parts and service equipment
 Food processing/packaging eq.; Processed foods
 Electric power generation / distribution equipment
 Hotel and restaurant equipment
 Franchising
 Security and safety equipment and services
 Telecommunications
 Construction equipment
 Textile machinery/fabrics
 Computers/peripherals/software/IT services
                     Central America -
                  Regional Industry Sectors

• Apparel, Textiles &    • Food Processing &
  Equip                    Packaging
• Automotive Parts and   • Franchising
  Service Equip          • Hotel & Restaurant
                           Equip
• Information
  Technologies           • Medical Equip &
                           Pharmaceuticals
• Infrastructure and     • Telecom Equip &
  Construction             Services
                       Events –
                 Central America
•Secretary of Commerce CAFTA Trade Mission          Oct. 2005
•USTDA Definitional Missions (Energy, Transport, IT) Various
•ExpoManufactura (NAFTA-CAFTA), Monterrey           Mar. 2006
•CAFTA Summit, Houston, TX                          Apr. 2006
•Western Hemisphere SCO Conference, Denver          May 2006
•Enterprise Florida Trade Mission, Guatemala        May 2006
•US Chamber/TradeRoots/Alabama Mission, Guat/Sal May 2006
•Central America Retail Promotion                   Late 2006
                 Central America
           Int’l Buyer Program Events
•Waste Expo IBP, Las Vegas                      April
•Food Marketing Institute (FMI) IBP, Chicago    May
•National Hardware Show IBP, Las Vegas          May
•National Restaurant Association IBP, Chicago   May
•Int’l Franchise Expo IBP, Washington, DC       June
•Clinical Laboratory Expo IBP, Orlando          July
•MAGIC International IBP (Apparel), Las Vegas   August
•World of Concrete IBP, Las Vegas               January
•AAIW Auto Industry Week IBP, Las Vegas         November
              CONTACTS
Central America – Dan Thompson
     daniel.thompson@mail.doc.gov

Costa Rica/Nicaragua – Jim McCarthy
     james.mccarthy@mail.doc.gov

Guatemala/Honduras – Mitch Larsen
     mitch.larsen@mail.doc.gov

El Salvador – Mary Boscia
     mary.boscia@mail.doc.gov

				
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