Inter Regional Trade Down 17%
Trade between Central American countries decreased 17% in the first third of 2009, when compared to the same period of 2008.
Monday, July 13, 2009
According to data from the Central American Economic Integration Secretary, exports between the countries of the region reached $1.74 billion, $356 million less than the first third of 2008 ($2.1 billion).
$900 million have been traded within Central America in the first half of this year, $261 million less than the same period of 2008.
After a 18.4% fall in 2009, 2010 closed with an 8.6% increase.
Regional trade grew 6% in the first 6 months of the year compared to the same period of 2009.
By improving the movement of merchandise within Central America, the region will facilitate negotiations for a trade association agreement with the European Union.
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