Mercosur and SICA agree to start negotiations

Delegates from Mercosur and the Central American Integration System (SICA) agreed yesterday to start face to face negotiations about a wide ranging political, commercial and cooperation accord.

Thursday, September 11, 2008

Vice-minister of Foreign Affairs for the Dominican Republic, Clara Quiñones de Longo, explained that was is being proposed is not a free trade agreement "due to the huge disproportions between the two block," but a political, commercial and cooperation agreement.
With regard to trade, it was agreed that the members of SICA will have the freedom to negotiate with Mercosur on an individual basis and "at different speed," according to the specific situation in each country, indicated Quiñones de Longo.

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