Panama-Guatemala

Elected President of Guatemala Meets with President Cortizo

Elected President of Guatemala Meets with President Cortizo

Panama, December 19, 2023. – The President of the Republic, Laurentino Cortizo Cohen, received a courtesy visit from the President-elect of the Republic of Guatemala, César Bernardo Arévalo de León, accompanied by the Ambassador of Guatemala in Panama, Carlos Ramiro Martínez. President Cortizo Cohen was accompanied by the Panamanian Chancellor, Janaina Tewaney Mencomo.

Arévalo De León, a Guatemalan politician, diplomat, sociologist, and writer, was elected president in a runoff on August 20 with 60.9% support and a strong anti-corruption stance.

Arévalo will assume his office on January 14. He has been serving as a deputy in the Guatemalan Congress since January 2020 for the political party Movimiento Semilla.

 

Image Credit: Presidencia, Gobierno de Panama.

 

Recently, Panama and Guatemala celebrated 88 years of friendship between the two countries, a relationship characterized as solid, dynamic, and fruitful bilateral ties, reports Presidencia de Panama.

The governments of Guatemala and Panama established diplomatic relations on January 25, 1935, and since then, they have been marked by continuous strengthening in cultural, brotherly, and mutual support.

The trade relationship between Panama and Guatemala has experienced significant growth in recent years, driven by agreements and trade treaties between the two countries, solidifying a long history of trade, especially in the field of agricultural and food products.

Among the main products that Panama exports to Guatemala are chemicals, construction materials, paper, and cardboard, while the main products imported from Guatemala include food, medicines, machinery, and transportation equipment.

 

Image Credit: Presidencia, Gobierno de Panama.

 

Both countries are members of the Central American Integration System (SICA) and the Association Agreement between Central America and the European Union (AAUE), allowing them to access an expanded market and take advantage of opportunities offered by trade relations with other countries and regions.

Additionally, both countries have signed bilateral agreements on trade and investment, such as the Free Trade Agreement between Panama and Guatemala.

 


Soledad Quartucci | CEO/Founder, Latina Republic

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