On November 12th, in the Peruvian capital, the parties concluded the first round of negotiations for an FTA between Peru and the region.
At this first meeting, considered a success, progress was made on items like "Market Access for Goods, Rules of Origin, Customs Procedures and Customs Cooperation Sanitary and Health Measures, Technical Barriers for Trade, Commercial Defense, Competition Policy, Services, Investment, Intellectual Property, Public Purchases, Corporate Affairs and Conflict Resolution," reported Laestrella.com.pa.
During this second round of talks the 14 chapters comprising the treaty will be discussed.
Francisco Alvarez De Soto, vice minister of International Trade Negotiations of Panama, told the press that given progress achieved during the first round, they expect to end discussion of important content this week and start the analysis of Annexes.
With the aim of making progress toward a free trade agreement (FTA), the region's Ministers for Trade are meeting with their Peruvian counterpart in the Panamanian capital.
Present at the meeting will be Honduras' Héctor Escalante, Costa Rica's Fernando Ocampo and El Salvador's Carlos Moreno, representing their respective countries, which have all expressed an interest in participating in the FTA negotiations with Peru.
The first round of FTA negotiations between Peru and the region began on Monday in the Peruvian capital.
Negotiation teams from Costa Rica, El Salvador, Honduras, Panama and Peru are participating. Guatemala and Nicaragua have decided not to join current negotiations, but an accession clause will be included in case they want to join later.
Receive more news about International Commerce
Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.