Customs Management Project Advances
The second phase of the International Merchandise Customs Transit (TIM) project in the customs zones of Central American countries begins.
Tuesday, June 2, 2009
After the pilot project is conducted at El Amatillo customs zone between Honduras and El Salvador, it is expected to be extended to the customs zones in Mexico, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama.
The Inter-American Development Bank (IDB) has prioritized the project to construct a 3,200km road system from Mexico to Panama.
Building a modern highway from Colombia to Mexico would provide a big boost to the economic integration of the isthmus.
IDB approves financing for the feasibility study for reactivating the railroad system in the region for cargo transport.
Central America and Mexico agreed on a plan to harmonize the rules on weights and dimensions allowed on roads and ports.
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