Central America and BREXITDuring the eleven months that will pass between the beginning of the exit process from the European Union and the entry into force of the association agreement with Central America, trade relations with the United Kingdom will follow the same rules that have been in place until now.Friday, January 10, 2020
In July 2019, the negotiations of the Association Agreement with the United Kingdom were completed, which contains the mechanism to address the preferential trade relations regulated between both parties, after the process of leaving the European Union, known as BREXIT, is completed. Source: diaadia.com.pa and prensalibre.com ¿Busca soluciones de inteligencia comercial para su empresa?Guatemala Confirms Agreement with United KingdomNovember 2019 The Congress approved the Association Agreement between the United Kingdom and Central America, which aims to protect trade relations between the two economies within the framework of the Brexit process. Agreement with United Kingdom: Tension Persists in GuatemalaNovember 2019 Since Congress has not yet ratified the Association Agreement, the exporters' union warns that they will lose the opportunity to sell to that European market on an equal basis with their Central American neighbors. Costa Rica Approves Agreement with United KingdomOctober 2019 The Costa Rican National Assembly approved the Association Agreement between the United Kingdom of Great Britain and Central America, which protects commercial relations between both economies within the framework of the Brexit process. Panama Confirms Agreement with United KingdomOctober 2019 The Panamanian National Assembly ratified the Association Agreement between the United Kingdom of Great Britain and Northern Ireland and Central America, which aims to safeguard trade relations for the Brexit process.
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