Central America: 25 years later
Abraham Lowenthall rediscovered the isthmus 25 ago and analyzes the changes that have occurred during that period.
Wednesday, January 14, 2009
In his column published in America Economia, the analyst asks us to "Imagine that your twin brother will wake up today from a 25 year coma and asks you for a report on the main changes that have occurred in Central America, what will you tell him?
Since the entry into force in 2006 of the DR-CAFTA, the tip in favor of the U.S. in the trade balance has multiplied by 5.
The Central American country will be allowed to ship 138.880 tons of tariff-free sugar, as agreed in DR-CAFTA.
The Under Secretary of Commerce in the United States sees no need for renewal of preferential tariff arrangements, which up to now have favored Nicaragua's textile industry.
They are supporting Costa Rica in the dispute it has with El Salvador over the lack of respect for the DR -CAFTA and they are requesting action to be taken to end the paralysis of intraregional trade at Salvadoran customs offices.
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