Developing markets in Asia
By Guy José Bendaña-Guerrero & Asociados

On 2015 Nicaragua, Costa Rica, El Salvador, Guatemala, Honduras and Panama announced the launch of negotiations to reach a FTA with South Korea. The process took place in seven rounds of negotiation that concluded on 2016 in Managua.
The agreement aims to stimulate the expansion and diversification of trade, remove trade barriers, facilitate cross-border movement and promote conditions of fair competition in free trade zones. It will also grant adequate and effective protection of intellectual property rights for products and services.
