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


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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.

The Nicaraguan foreign minister, Samuel Santos Lopez, had already said at a joint meeting that they need to work on the content of the trade agreements in order to help the people.

More on this topic

Panama ready for economic summit

December 2008

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 meeting, called "The Road to prosperity in the Americas," will be head by the US Secretary of State, Condoleezza Rice, and will be held at a beach hotel close to the Panamanian capital, according to a release from the Panama Foreign Affairs Ministry.

Honduras is a Pacific Alliance Observer

May 2013

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.

From a press release by the National Government of Honduras:

Chile, Colombia, Mexico and Peru agreed unanimously on Honduras' integration as an Observer Member of the Pacific Alliance, as announced by the President of Colombia Juan Manuel Santos, who became President Pro Tempore of the Agency, at the end of the VII Summit held on May 23 in the city of Cali.

Nicaragua – Chile FTA Comes Into Force

September 2012

Following the exchange of notes of ratification, the Free Trade Agreement between the two nations will become effective on 19 October 2012.

A press release from the Foreign Ministry of Nicaragua reads:

An exchange of letters on the bilateral Nicaragua-Chile protocol, a Free Trade Agreement between Chile and Central America, was held this morning between the foreign minister, Samuel Santos López and the Chilean Ambassador in Spain, Mr Hernan Mena Taboada.

Nicaragua and Spain Promote Trade Relations

May 2011

Spanish government officials met with their counterparts in Nicaragua to promote trade and economic relations between both countries.

During their stay in in Nicaragua the delegation from the Ministry of Foreign Affairs and the Spanish Cooperation held meetings with Foreign Minister Samuel Santos, with the economic affairs adviser to the President, Bayardo Arce and with Spanish businessmen in Nicaragua.

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