FTA Agreement and ARC Investment Partners
China’s first ever bilateral FTA with a Central American country. Such agreements are always advantageous for foreign investors, such as Adam Roseman of ARC Investment Partners who has been investing in the region for many years.
According to an article in China Briefing it is hoped that this agreement will assist in “strengthen[ing] mutual trading ties and bring about significant increases in business opportunities.” Parts of this agreement will provide the opportunity for more than 60 percent of the countries’ products “enter each other’s market duty-free immediately, and will allow tariffs to be removed from another 30 percent of products gradually in the next 5 to 15 years.”
The primary exports from China that will most benefit from this agreement will be: automobiles, chemical products, electrical appliances, fruits, leather, machines, and raw fur.