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Mexico is to increase exports of footwear to Guatemala following the first Guanajuato-Guatemala Enterprise Group Summit, held in Leon on September 30.
Organised by COFOCE, a decentralised institution of the State of Guanajuato for the promotion of international commerce, the summit brought together over 140 representatives from the footwear business sector.
Around 40 companies from the region already export to Guatemala and the aim is to increase the products on offer. Footwear exports from Guanajuato to Guatemala represented US$2.5 million in 2014 and are expected to reach US$3.5 in 2015.