Guatemala’s Economy Minister affirms her country's desire to develop economic relations, partnerships with UAE

Guatemala’s Minister of Economy, Gabriela García, affirmed that her state is keen to make economical relations and partnerships with the UAE, peculiarly successful the tract of infrastructure.

She highlighted that the UAE possesses the expertise, technology, and superior indispensable for investing successful Guatemala’s ports and airports, which would accelerate the country's economical development.

García told the Emirates News Agency (WAM) connected the sidelines of the World Government Summit (WGS) 2025 successful Dubai, astir the important imaginable for strengthening practice betwixt Guatemala and the Middle East, particularly successful airy of ongoing shifts successful the planetary system and changes successful planetary commercialized balances.

She noted that 2025 would beryllium a pivotal twelvemonth for expanding commercialized relations not lone with the Middle East and North Africa but besides with Europe.

She added that Guatemala aims to found commercialized and concern partnerships based connected communal benefit, ensuring advantages for some investors and the Guatemalan economy.

García explained that Guatemala’s exports to the UAE presently absorption connected java and cardamom, emphasising that determination is sizeable country to heighten bilateral trade. She stated that her state is actively seeking to fortify its commercialized ties with the UAE, considering that galore promising opportunities stay untapped.

Guatemala’s Minister of Economy besides highlighted that Guatemala has the largest system successful Central America, with the state expecting to execute a maturation complaint of astir 3.7% successful 2025, adjacent to 2024 levels. This maturation complaint is astir 2 percent points higher than the country’s mean implicit the past decade.

She said that this economical maturation reflects the government’s ongoing efforts to boost the system done nationalist investment, peculiarly successful infrastructure projects specified arsenic ports, airports, and roads.

García besides pointed retired the important concern opportunities successful the infrastructure sector, noting that Guatemala is successful discussions with companies specialising successful larboard management, including immoderate from the Middle East, to research possibilities for practice and investment.

She stressed the value of enhancing overseas nonstop investment, whether done government-to-government partnerships oregon public-private assemblage collaborations. She besides noted that respective Guatemalan products, specified arsenic java and cardamom, are successful precocious request successful the region, with the imaginable to grow the country’s nutrient exports to see different products.

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