In meetings held between Guatemalan and Mexican governments, representatives from companies in the travel and tourism sectors were also present. It is expected that the agreement will come into force with the next few days.

Veracruzanos.info reports information from the Mexican Economy Secretary saying that, "the free trade zones will be expanded, enabling companies to manage a single set of trade regulations and facilitating trade and investment in the seven participating countries (Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica y Mexico)".

Source: Veracruzanos.info

More on this topic

Central America Surpasses Commercial Jam

June 2020

After several days of tension generated by the restrictions imposed by Costa Rica on the transport of cargo from neighboring countries, Central American authorities reached an agreement and opened the way at the border of Penas Blancas.

In recent weeks the free transit of goods in Central America had been interrupted.

Costa Rica Requests Review of Freight Transportation Charges

April 2019

After Nicaraguan authorities imposed in their customs a $50 payment to each cargo vehicle transiting through their territory, Costa Rica requested a meeting to review the issue.

On March 15 of this year, Nicaraguan authorities began to collect a customs tax on the transportation of cargo in transit or with final destination in the country, which consists of the payment of $50 for each transport unit of goods that passes through land customs.

Uniformity of Charges at Central American Borders

February 2014

El Salvador is proposing implementing a single charge for non intrusive inspection of goods at borders with Guatemala and Honduras.

The Directorate General of Customs (DGA) announced that Central American countries could implement a single charge for intrusive inspection of goods. Guatemala and Honduras have shown interest in this system proposed by El Salvador.

Restrictions lifted in Panama's Free Trade Zone

July 2008

A directive issued by the Management Committee of the Colón Free Trade Zone (ZLC) says that the charges for foreign transporters of merchandise will be subject to reciprocity.

The directive allows foreign transporters to carry merchandise within the zone provided that the transporter's country of origin doesn't impose restrictions on Panamanian carriers, said the assistant general manager of the Free Trade Zone, Juan Fidel Marcías.