Launch of regional competitiveness agenda under evaluation.
Governments and the private sector from Central America are seeking to program a regional competitiveness agenda in order to optimize resources and to avoid detrimental competition.
Thursday, August 14, 2008
The setting for this discussion will be the Competitiveness Forum of the Americas, organized by the United States Department of Commerce for next week.
Panama leads in Central America (49th in the global list), followed by Costa Rica (61), Guatemala (84), Honduras (86), El Salvador (91), and Nicaragua (115).
Infrastructure deficiencies, lack of investments in renewable energy and uncertainty are some of the worries of entrepreneurs. This reduces competitiveness and the attraction of investment, they say.
The countries in the region are working on the development of a standard to regulate anti-competitive practices by regional companies.
Government, business and international experts will discuss how to get the country to boost local capacity and take advantage of the opportunities of the global economy.
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