Guatemalan agricultural producers participate in FINPYME ExportPlus workshop
03/22/2010Guatemala City – On March 23, 2010, the Inter-American Investment Corporation (IIC) hosted fifty agricultural producers for its FINPYME ExportPlus workshop on food labeling requirements. During the workshop, participants learned about key U.S. federal regulations on labeling and food safety, as well as specific food labeling requirements, including display panel, nutrition label, typographical and design styles, brands, allergens, organic products, and health claims for fresh and processed products. Following the workshop, the technical expert provided individual counseling to each company to improve food labels to meet U.S. requirements.
FINPYME ExportPlus supports the objectives of the World Trade Organization’s Aid for Trade initiative. Technical experts provide direct assistance to help small and medium-sized enterprises (SMEs) improve their competitiveness and their capacity to export. In Guatemala, FINPYME ExportPlus will include nine workshops on diverse topics, such as labeling requirements, export management, phytosanitary standards, and productivity improvement. Specific SME sectors to benefit from the program are leather manufacturing, agriculture, coffee, and wood products. In addition to group workshops, experts will also provide technical assistance for individual firms for trade certifications and process and management improvements. The FINPYME ExportPlus program in Guatemala is funded by the Government of Italy.
The IIC is a multilateral financial institution that is a member of the Inter-American Development Bank (IDB) Group. It provides financing (in the form of equity investments, loans, guarantees, and other instruments) and advisory services to private enterprises in Latin America and the Caribbean. In 2009, the IIC reached US$1.4 billion in assets and approved forty operations channeling US$299.8 million to SMEs in the region. The IIC’s mission is to promote the economic development of its regional member countries by encouraging the establishment, expansion, and modernization of private enterprises, particularly those that are small and medium in size. For more information on the IIC’s activities, please visit www.iic.int
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