LEGAL EASE INTERNATIONAL ANNOUNCES A SEMINAR TO ADDRESS GUATEMALA'S GROWING ECONOMY
Position your organization to take advantage of Guatemala's growth potential!


    /Economy News Articles/ - NEW YORK, NY, November 22, 2007 - Organizations who have positioned themselves with sound contract language have prospered under CAFTA. "An organization with clearly written contract language is essential to ensure all parties are working toward a common goal," said, Dena Falken a New York based attorney and President of Legal Ease International.

After the signing of the final peace accord in December 1996, Guatemala was well-positioned for rapid economic growth over the next several years, until a financial crisis in 1998 disrupted the course of improvement. The subsequent collapse of coffee prices left what was once the country's leading export sector in depression and had a severe impact on rural incomes. Foreign investment inflows have been weak, with the exception of the privatization of utilities. Potential investors, both foreign and domestic, cite corruption, lack of physical security, a climate of confrontation between the government and private sector, and unreliable mechanisms for contract enforcement as the principal barriers to new business. Most manufacturing is light assembly and food processing, geared to the domestic, U.S., and Central American markets. Over the past several years, tourism and exports of textiles, apparel, and nontraditional agricultural products such as winter vegetables, fruit, and cut flowers have boomed.
The United States is the country's largest trading partner, providing 39.6% of Guatemala's imports and receiving 28.9% of its exports.
Guatemala ratified the U.S.-Central America Free Trade Agreement, commonly known as CAFTA, on March 10, 2005 and the agreement entered into force between Guatemala and the U.S. on July 1, 2006. CAFTA eliminates customs tariffs on as many categories of goods as possible; opens services sectors; and creates clear and readily enforceable rules in areas such as investment, government procurement, intellectual property and business dispute resolution.
Legal Ease International representatives have trained thousands of attorneys, translators, business leaders, and government officals with the skills of Legal English. Participants have indicated an increase in their bottom line, better client relationships, a more efficient office environment, and a better understanding of the principals of a global economy. For more information contact:

CONTACT INFORMATION
Dena Falken
Legal-Ease International Inc.
info@legalenglish.com
2126291978
www.legalenglish.com

Further Related Resources:


Press Release Contact Information:

Dena Falken
Legal-Ease International
President
244 Madison Ave 121
New York, NY
USA 10016
Voice: 2126291978
Fax: 2126561192
Website: Visit Our Website