The Guatemala-Taiwan Free Trade Agreement (FTA) entered into force in 2006.
Under the Guatemala-Taiwan Free Trade Agreement, Guatemala will extend the
free-tariff treatment
to 447 export agricultural products from Taiwan
Taiwan (ROC Republic of China) will grant tariff exemptions to 644 or 41% of listed Guatemalan agricultural export products, sustain actual levels for 12.5%, and gradually lower tariffs on the rest
Businessperson from Taiwan are also allowed to invest in Guatemala and then extend their operations, or export their products, to the United States and other countries in Central America under the terms of the Central American Free Trade Agreement to which Guatemala is a member
Guatemala exports 40 million dollars in products to Taiwan, and imports 90 million dollars
Coffee and sugar are the main products that Guatemala exports to
Taiwan