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Subject:
Central America Business Practices
Category: Business and Money Asked by: joel1357-ga List Price: $100.00 |
Posted:
04 Jun 2002 17:41 PDT
Expires: 11 Jun 2002 17:41 PDT Question ID: 21055 |
I need to know which countries in Central America (I am not fantastic at geography, so if Mexico is not included in that question then I need that country as well) require you to use agents or trading companies in their country in order to do business. Thank You, Joel |
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Subject:
Re: Central America Business Practices
Answered By: liza-ga on 04 Jun 2002 18:54 PDT Rated: |
According to my research, only Nicaragua requires an agent in all cases. Costa Rica requires one in certain situations but the rest of the countries tend to follow US practices. Belize - not required but it is recommended: "Because the local economy is extremely small, the best way for American exporters to penetrate the Belizean market is to seek a local importer/wholesaler who would generally act as their agent/distributor in Belize." http://www.usatrade.gov/website/ccg.nsf/CCGurl/CCG-BELIZE2001-CH-4:-0063BBA0 Costa Rica - only required "for those companies wishing to participate in Costa Rica's government procurement system." http://www.usatrade.gov/Website/CCG.nsf/CCGurl/CCG-COSTA_RICA2002-CH-4:-0068503C El Salvador - not required but an agent is commonly used: "When a U.S. firm wishes to sell in El Salvador, it usually appoints an agent or distributor." http://www.usatrade.gov/website/ccg.nsf/CCGurl/CCG-EL_SALVADOR2002-CH-4:-00425112 Guatemala - not required but keep in mind that "Most business is conducted in Guatemala based on personal relationships." and "U.S. suppliers should be prepared to have a local representative or distributor and to travel to Guatemala personally." http://www.usatrade.gov/website/ccg.nsf/CCGurl/CCG-GUATEMALA2002-CH-4:-004C4B2D Honduras - not required but "To market aggressively, U.S. exporters should establish local representation or a local sales office." http://www.usatrade.gov/website/ccg.nsf/CCGurl/CCG-HONDURAS2002-CH-4:-00636894 Nicaragua - required: "Distribution and sales of imported products are handled by local distributors and agents." http://www.usatrade.gov/website/ccg.nsf/CCGurl/CCG-NICARAGUA2002-CH-4:-00530F3D Panama - not required, although commonly used for industrial goods: "For industrial goods, sales are normally handled by local exclusive agents or distributors." http://www.usatrade.gov/website/ccg.nsf/CCGurl/CCG-PANAMA2002-CH-4:-00492071 Mexico (which is part of North America) - not required but could be helpful: "some Mexican firms are interested in serving as sales agents for American firms. This channel can be efficient for reaching the smaller cities or more remote locations of the country." http://www.usatrade.gov/website/ccg.nsf/CCGurl/CCG-MEXICO2002-CH-4:-0054F200 *** Summary: Belize - no Costa Rica - sometimes El Salvador - no Guatemala - no Honduras - no Nicaragua - yes Panama - no Mexico - no Let me know if you need clarification on anything! liza-ga |
joel1357-ga
rated this answer:
Thank you for the answer and the summary for each country researched. Joel |
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