In a final round of negotiations held in Guatemala City on 14 and 15 October 2014, delegations from the EFTA States and Guatemala substantially concluded free trade negotiations within the framework of the EFTA-Central America Free Trade Agreement (FTA).
In intensive discussions, held over two days, the two sides managed to reach an agreement on the remaining outstanding issues, mainly in relation to market access in the areas of trade in goods and trade in services.
The process of Guatemala's accession to the EFTA-Central America FTA according to its Article 13.4 will be initiated shortly.
The EFTA team during this round was again led by Ambassador Didier Chambovey from Switzerland. Bilateral merchandise trade between EFTA and Central America exceeded USD 1 billion in 2013.