English
In April 2024, Guatemala introduced a Maritime Single Window (VUMAR) at Santo Tomás de Castilla and Puerto Quetzal to modernise its port clearance procedures. Early results indicate significant time and cost savings in the year since it was implemented.
Trump’s tariffs are prompting importers to reassess their supply chain strategies, with a record number turning to foreign trade zones (FTZs) and bonded warehouses as a means of managing rising costs and operational uncertainty.
The WTO’s Global Trade Outlook 2025 reveals a projected decline in global merchandise trade, rising protectionism, US-China decoupling, and a surprising resilience in services trade amid growing global uncertainty.
