The United States and Guatemala have announced a framework for an Agreement on Reciprocal Trade, aimed at strengthening their economic ties, which include existing agreements such as CAFTA-DR.

Key provisions of the agreement include Guatemala’s commitment to reducing non-tariff barriers, streamlining regulations for U.S. exports, and maintaining strong protections for intellectual property.

Additionally, Guatemala has agreed to improve labor conditions, enforce environmental regulations, and facilitate digital trade as both countries work towards finalizing the Agreement for signature.

Original: article