Central America plans unification of customs procedures for Cafta
Central America is preparing a plan to unify customs procedures with the aim of validating common rules of origin.
Monday, May 26, 2008
The plan is to be presented shortly to US trade officials as part of Cafta, said René Salazar, El Salvador's director of Commercial Treaties.
Costa Rican businesses demand that regional common market be strengthened.
The Central American Customs Union is the most important tool for increasing trade in the region and generating the economies of a scale necessary to compete in the global market.
The Board of Economic Integration Ministers of Central America met today in San Salvador to analyze reforms that would improve regional trade.
In the next six years, the EU will invest in regional customs strengthening which it considers essential for harnessing the benefits of the AA.
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