Monday, 09 October 2023 01:35

COEXPORT expresses concern over the paralysis of exports due to protests in Guatemala

Written by Leydin Sorto

The Corporación de Exportadores de El Salvador (COEXPORT), expresses concern in a statement, for the internal political situation in Guatemala and the blockades that persist generating critical problems for intra-regional and international trade.

 

 

In the statement, the consequences are serious since supply chains have been interrupted, it has not been possible to arrive in time to take ships in the ports of Guatemala, commercial contracts have been breached, numerous transport equipment with goods (some perishable) are stranded with the consequent effects on the units and drivers as well as cargo ready for shipment that can not move from the warehouses for dispatch.

In addition, COEXPORT reports that up to today (07/10/2023) there have been 5 days of blockades, only the daily exports from El Salvador to Guatemala average US$3 million 382 thousand and we must also consider the exports that leave via Guatemala to other countries, that from the ports of the neighboring country are also shipped salvadoran exports to the Caribbean.

We understand the complexity of the situation and the freedom of demonstration of the Guatemalan people; however, the conflict has escalated and has negative repercussions at an international level, affecting from the free movement of people to the transit of goods, COEXPORT stated in the press release.

 

Translated by: A.M