Companies on the Isthmus demand that their interests be attended to by the EU

Central American businessmen say that "there are still strategic interests in the region that have not been dealt with by European negotiators."

Friday, August 22, 2008

On day four of the XIV Central America planning session for the Association Agreement with Europe, Julio Aguilar, negotiator for the International Commercial Negotiations Business Center (Cencit), said that while Central America continues to broaden its offer to their European counterparts, not at more that 80% of the products on the tariff list, Europe has still not guaranteed the whether all the benefits derived from the General Preference System Plus (SGP Plus) will be maintained.

More on this topic

Panama Recovers SGP Plus with Europe

June 2010

Starting on July 1st, Panama will once again enjoy preferential tariff access to the European market, after losing this benefit on 2008, for failing to renew it on time.

Roberto Henríquez, Commerce and Industry ministry, announced that “yesterday, the European Commission confirmed Panama as one of the countries included in the Generalized Tariff Preferences System (SGP-Plus), starting on July 1st”.

Guatemala Could Push Back EU Agreement

April 2010

If the European Union does not make more flexible its postures, Guatemala would request Central America to push back the signature of the agreement.

Economy Minister Rubén Morales stated that if the country does not receive more benefits than the current Generalized Preference System (SGP-plus), Guatemala could recommend against signing the agreement.

Trade Benefits Lost with EU Agreement

February 2010

The European Union is not willing to include already existing benefits in the Association Agreement with Central America.

Cencit, a Guatemalan commission which studies international treaties, remarked that losing the existing trade benefits would be counterproductive for the region. These include European market access for products manufactured in Central American free zones and maquilas.

Europe improves its offer on tariffs for Central America

July 2008

In negotiations on an association agreement with Central America, the European Union has improved its offer by proposing to increase the number of products that will enter Europe under the enhanced Generalized System of Preferences (GSP Plus).

Eduardo Cálix, El Salvador's deputy foreign minister and Central America's current regional spokesman on political matters, said that recognition of the International Criminal Court (ICC) was no longer an issue. The European Union would allow time so that each country's legislature can officially recognize the ICC's authority, he added.

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