IBOV 185,629.04 ▼ 0.93% IPSA 11,370.36 ▼ 0.39% IPC MEX 64,814.97 ▼ 0.39% MERVAL 3,110,163 — 0.00% COLCAP 2,584.02 ▲ 0.57% BVL PERÚ 60,246.14 ▲ 0.76% USD/BRL5.14▲ 0.52% USD/MXN16.98▲ 0.52% USD/CLP932.45▲ 0.52% USD/COP3,100▼ 0.55% USD/PEN3.35▼ 0.14% USD/ARS1,514▲ 0.12% USD/UYU40.22▲ 3.03% USD/PYG5,869▲ 1.64% USD/BOB12.55▲ 3.48% USD/DOP58.59▲ 0.15% USD/CRC447.58▲ 1.69% USD/GTQ7.63▲ 3.05% USD/HNL26.84▲ 3.17% USD/NIO36.62▲ 0.34% USD/VES825.67▲ 0.80% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.70▲ 1.87% EUR/BRL5.96▲ 0.88% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,629.04 ▼ 0.93% IPSA 11,370.36 ▼ 0.39% IPC MEX 64,814.97 ▼ 0.39% MERVAL 3,110,163 — 0.00% COLCAP 2,584.02 ▲ 0.57% BVL PERÚ 60,246.14 ▲ 0.76% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Thursday, September 10, 2026

Strengthening U.S. – Guatemala Relations

By · January 9, 2024 · 2 min read

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “YPF sells US$1.2bn bond, Argentina's biggest since 2015”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

The United States and Guatemala are entering a new phase of enhanced cooperation with the presidency of Bernardo Arévalo.

Analysts highlight the need for the U.S., under Joe Biden’s leadership, to firmly support this relationship for Guatemala’s democracy, which is currently fragile.

Biden’s administration aims to leave behind the difficulties encountered during Alejandro Giammattei’s tenure.

Giammattei’s regime, criticized for hindering anti-corruption efforts, contrasted sharply with Washington’s expectations.

Pamela Ruiz, a Central American analyst at the International Crisis Group, notes a previous strain in U.S.-Guatemala relations.

This strain led to the U.S. cutting some funds. Over a hundred legislators and Giammattei’s associates faced U.S. sanctions for actions against democracy and rule of law.

In response, Giammattei accused certain U.S. officials of political and media manipulation.

Bernardo Arévalo, a progressive leader, seeks to change this narrative. He has increased his visits to the U.S. to gain support against legal challenges at home.

His proactive approach contrasts with Giammattei’s, who skipped the 2022 Americas Summit.

Strengthening U.S. - Guatemala Relations
Strengthening U.S. – Guatemala Relations – Bernardo Arévalo.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Mary Speck from the United States Institute for Peace expects a closer relationship under Arévalo’s leadership.

She emphasizes the mutual democratic values between the two nations.

Rebecca Bill Chavez, from the Inter-American Dialogue, stresses the regional significance of this relationship.

Guatemala’s democracy is at a critical point, requiring vigilant U.S. support.

Chavez points out that Washington is considering new anti-corruption initiatives, aligning with Arévalo’s goals.

Towards a Centrist Stance

Looking ahead to 2024, U.S. presidential elections could impact this evolving relationship.

However, Ruiz believes that the U.S. will continue its collaborative focus with Guatemala, regardless of the election outcome.

The focus will be on mutual interests: migration, development, and battling corruption. Arévalo has cultivated relationships with both U.S. political parties.

His progressive yet centrist approach has helped him build connections with U.S. Republicans and business sectors in Guatemala, Speck explains.

In Guatemala, Arévalo confronts domestic challenges.

He must navigate a judiciary that has initiated investigations against his party members and govern without a parliamentary majority.

These challenges represent major obstacles in a country where the public has protested against a politically and economically powerful elite.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.