REASONS THAT LED
TO THE FOUNDING OF
THE CANADIAN CHAMBER
OF COMMERCE
IN GUATEMALA
Canada has positioned itself as one of the ten largest investors in the country in recent years. The Canada-Guatemala free trade agreement is in the stage of negotiations with both countries; this will promote trade with major advantages.
From 2013 to 2014, the exports from Guatemala to Canada increased from 159.9 to 235.9 million $US, with a positive trade balance for Guatemala. Canada is one of the three largest foreign investors in Guatemala, with a cumulative investment of more than one billion Canadian dollars in 2014. The main areas of investment for Canadian businesses are telecommunications, the extractive industry and agriculture.
Well-known Canadian brands such as Dollarcity, Imax, Freshii, Helados Marco Polo, Yogen Früz, Bumble Bee, Mitel, Kryton, and Contrast Lighting, are currently found on the Guatemalan market.
MISSION
To promote bilateral trade between Canada and Guatemala through the provision of services that stimulate, promote and develop a close relationship between the two countries. To attract investment and business in Guatemala and Canada.
VISION
We visualize Cancham as a proactive organization capable of representing the interests of its Canadian and Guatemalan members and becoming their main partner in the development of bilateral trade activities.
OBJECTIVES
– To promote bilateral trade relations and direct investments between Guatemala and Canada
– To provide information to facilitate commercial exchange and industrial projects between the two countries
– To promote the transfer of technology and knowledge for the benefit of common interests
– To develop and promote common interests, friendship and cultural activities between its members and institutions
– To promote free enterprise and ethical principles between its members and both communities
– To promote the highest standards of corporate social responsibility (CSR) and human rights aligned with those Canadian entrepreneurs.
Our Board
of Directors
Various professionals, representatives of companies with ties to Canada and Guatemala. Committed to working together for the development of Cancham, providing experience and expertise to strengthen trade ties for both countries. Representatives elected through a General Assembly between partners and members of the House.
