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Guatemala creates a promotion agency

By Mayora IP - 23/07/2018
Guatemala creates a promotion agency

The Ministry of Economy (Mineco) of Guatemala presented to Congress a bill for the creation of ProGuatemala, a semi-autonomous agency that will institutionalize the coordination, planning, execution and evaluation of policies, programs, projects and actions aimed at promoting the country.

Named “Organic Law of the Guatemalan Institute for Trade Promotion, Competitiveness, Investment, Country Brand and Market Intelligence”, the project was prepared taking into account similar Latin American agency models from Chile, Colombia, Costa Rica and Mexico.

ProGuatemala will be formed by the Ministry of Economy, the Ministry of Foreign Affairs and the Ministry of Finance, the General Secretary of Planning of the Presidency and the Guatemalan Tourism Institute. 30 percent of the Ministry of Economy budget will be allocated to the agency, plus additional percentages from the private funds ProGuatemala will generate with its services.

By Mayora IP - 23/07/2018
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Mayora IP, S.A., a sister firm of Mayora & Mayora, with an established practice for more than 50 years, takes pride in its unfailing commitment to excellence and for strategically managing, protecting, and enforcing intangible assets.

Driven by the legacy and memory of its founding partner, Eduardo Mayora Dawe, Mayora IP advises its clients to acquire, manage, and protect their intellectual property.

Its team of lawyers and paralegals work in the areas of patents, trademarks, trade dress, domain names and copyrights, and regularly counsels on procurement, prosecution,enforcement, licensing, and litigation.

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