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NEWS

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South Korea's overseas investment hits a new high in 2022

South Korea's foreign direct investment rose slightly in 2022 from a year earlier to a new high thanks to the chip and auto industries, though overall growth was limited due to economic uncertainties

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Korea will support Guatemala in forest management and restoration

Memorandum of Understanding for cooperation in the administration and restoration of forests, including the management of forest fires.

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South Korea announces million-dollar investment to build the world's largest semiconductor center

South Korea announced on Wednesday that it will build the world's largest semiconductor center with private investment of $230 billion, mostly from Samsung Electronics.

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The diplomatic heads of South Korea and Guatemala hold telephone conversations

During the telephone conversations between the two diplomatic heads, the Guatemalan foreign minister asked for the support of the South Korean government for Guatemala's adherence to said treaty, in order to strengthen economic cooperation with South Korea, according to the South Korean Foreign Ministry.

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South Korea seeks to sign more than 10 FTAs this year

It was announced that the government plans to push for the signing of FTAs this year with at least 10 countries, focusing more on strengthening cooperation in supply chains and other new trade issues, according to the ministry.

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Filgua 2022 begins, an event that promotes reading in Guatemala

Filgua 2022 developed book exhibitions, conversations, talks and workshops. Activities that encourage reading in children and their involvement in movies and music were also promoted. Filgua had the Republic of Korea as the guest of honor. This to commemorate the 60 years of diplomatic relations between both nations.

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Guatemala follows up on the resumption of negotiations with South Korea

The purpose of the meeting was to follow up on the incorporation of Guatemala into the Free Trade Agreement between South Korea and Central America.

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National coffee continues its escalation in Korea

The export of Guatemalan coffee, especially that directed to South Korea, increased by 28.3% last year, compared to 2019, and to further boost this demand and sales, the The
Chamber of Commerce Guatemala - Korea (Camcor) develops a series of actions for the grain to continue its climb in that market.

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For closing domestic coffee business in Korea

Businesses for US $2 million (Q15.5 million) expect to establish Guatemalan businessmen with Korean coffee buyers, after their participation in the Seoul Coffee Show, in South Korea, according to the The Chamber of Commerce Guatemala - Korea (Camcor).

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Official mission will travel to South Korea to resume FTA negotiations

They seek to expand trade, increase investment and generate new jobs, with adherence to the trade agreement.

 

 

Guatemala reaffirms its will to reach FTA with South Korea

President Alejandro Giammattei reiterated this Thursday his willingness to reach the signing of the Free Trade Agreement (FTA) with South Korea during his administration.

 

 

Help Communities Escuintla

In the face of the COVID-19 emergency, many families and communities needed support, they could not leave their communities and access to food was limited. 

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Guatemala, one step away from joining the FTA with South Korea

It was reported that in a meeting in Seoul with the Korean Minister of Commerce, Industry and Energy, Yeo Han-Koo, "he agreed so that in one or two rounds the negotiations can be concluded and the agreement signed before the end of the year."

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Guatemalan exporters trust in prompt adherence to the FTA with South Korea

The Guatemalan export sector expressed this Wednesday its confidence in the adhesion of its country to the Free Trade Agreement (FTA) 

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South Korea to suspend visa waivers for 90 countries from Monday

The South Korean government will suspend visa waivers for 90 countries that impose entry bans on South Korean citizens starting Monday as part of efforts to stem the flow of the new coronavirus.

Tourist documentary about Guatemala will be screened in South Korea

It was reported that in a meeting in Seoul with the Korean Minister of Commerce, Industry and Energy, Yeo Han-Koo, "he agreed so that in one or two rounds the negotiations can be concluded and the agreement signed before the end of the year."

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Donation of masks to the Guatemalan police

The South Korean International Cooperation Agency (KOICA) shows Guatemalan police officers posing for a photo after recently receiving a donation of 10,000 masks from KOICA.

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Korea wants to buy pineapple jam with cobanero pepper

The “sweet and spicy” combination of a pineapple jam with cobanero pepper made in San Bartolomé Milpas Altas, Sacatepéquez, was among the products with the best reception. "They (Koreans) liked it so much that they are in negotiations with the producers to set up a distribution line"

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