Jonathan Knott, the UK's Trade Commissioner for Latin America and
the Caribbean, will visit Guatemala on June 16-17 to strengthen
trade and investment between the two countries.
This visit comes at a key moment, as Guatemala has become the
UK's most dynamic commercial partner in Central America. Last
year, trade between the two countries hit a record £376 million,
even surpassing pre-pandemic levels.
During his visit, Commissioner Knott will meet with leaders of
major Guatemalan companies and British multinational firms to
address specific trade challenges. Key sectors of focus include
agriculture, textiles, and financial services.
He will also hold strategic meetings with Guatemalan government
officials to explore new opportunities for economic
cooperation.
Commissioner Jonathan Knott said:
This is my third visit to Guatemala. I've been here both as a
tourist and professionally, and I know more than just the
capital. I'm excited about this trip because Guatemala has proven
to be a reliable and dynamic trade partner. We're here to build
on that momentum.
UK Trade Commissioners act as economic ambassadors, promoting
exports, investment, and trade policy on behalf of the British
government.
The UK has strengthened its presence in the region through the
UK-Central America Association Agreement. This deal gives
Guatemala preferential access to UK markets. The gradual removal
of tariffs under this agreement is a big opportunity for
Guatemalan products like specialty coffee, cardamom, and
manufactured goods. The Commissioner will also encourage
Guatemala to support a fair and rules-based global trade
system.
Trade Highlights: UK–Guatemala Boom:
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The UK imported £261 million worth of goods from Guatemala,
mainly agricultural products.
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The UK exported £115 million to Guatemala, mostly machinery
and financial services.
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Trade between the two countries is growing at 30.1% annually,
making Guatemala the UK's fastest-growing market in Central
America.
The main goals of this visit are to remove trade barriers,
improve the implementation of the UK-Central America Association
Agreement, and support Guatemala's economic development through
financial tools and expert knowledge sharing.
Commissioner Knott will also reaffirm the UK's support for
Guatemala's efforts to modernize infrastructure, fight
corruption, and promote inclusive and sustainable development.
