More trade to compensate for crisis
More opening of trade, in all productive sectors, is the main recommendation coming out of the meeting of Foreign Ministers in Panama.
Thursday, December 11, 2008
They agreed on four points: to increase opportunities for citizens and small businessmen to participate in commercial achievements, to expand regional trade, to expand cooperation and to promote environmental policies.
More than twenty ministers of foreign affairs from 13 countries in the Americas have confirmed that they will attend the meeting in Panama next week.
The members have unanimously accepted the integration of Honduras as an Observer Member of the Pacific Alliance along with Ecuador, El Salvador, France, Paraguay Portugal and the Dominican Republic.
Following the exchange of notes of ratification, the Free Trade Agreement between the two nations will become effective on 19 October 2012.
Spanish government officials met with their counterparts in Nicaragua to promote trade and economic relations between both countries.
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