Free Port Products could access EU

In the upcoming negotiations between C.A. and E.U., Nicaragua will propose that products from free ports are accepted in the European market.

Wednesday, August 5, 2009

Orlando Solórzano, Nicaraguan Industry minister, considers the acceptance of free port products in Europe as a key issue for Central America.

"We expect SMEs and crafts to benefit from access to a more open, free market", said the minister, in an article in Nicaraguan newspaper La Prensa. "These micro companies currently enjoy preferential access, and we want to strengthen this through an agreement".

More on this topic

Panama Joins SIECA

June 2012

The canal country's accession will be formalized on 29 June and will accelerate the elimination of tariffs and regional trade facilitation.

The incorporation of Panama to the Secretary for Economic Integration of Central America (Sieca), will allow Central American countries to sign the Association Agreement with the European Union (EU).

New Markets for Clothes Manufacturers

April 2012

Nicaragua's textile companies have started exporting to Turkey and Finland, as an "exploration" before the agreement with the EU comes into force.

Since December, textile companies established in the free zones in Nicaragua have been exporting shirts and pants to Turkey and Finland, as a way to explore the regional market before the Central American Association Agreement with the EU is implemented, according to a director of the business association in the industry.

Honduran Maquila Requests More Flexibility from EU

March 2010

The Honduran Maquila Association asked the European Union to be more flexible when negotiating the Association Agreement with Central America.

Guillermo Matamoros, executive director of the Association, argued that EU’s rigid position “is not in line with its humanist discourse”.

EU Fells Short in Textile Proposal

February 2010

The first proposal sent by the European Union didn’t satisfy the expectations of the textile industry of Central America.

In the specific case of Nicaragua, the quota offered by the European Union does not even cover 10% of the sector’s aspirations.

“Central America and the EU have reached an agreement regarding market access for 90% of their respective products.

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