Panama to join SIECA soon

After completing bilateral treaties with the other countries in the region, the next step is full incorporation into the Secretariat for Economic Integration in Central America (SIECA).

Monday, January 26, 2009


The minister of Trade and Industry, Gisela, Porras, stated to "Even so, it will take a "prudential period" to conclude the incorporation into SIECA.

"We believe that it is important for the sector to be prepared to make this step, because we are not only deal with commercial integration with the rest of Central America. It is an integration to create one region which has consequence and we must ensure that the private and government sectors are in agreement," said Porras.

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Businessmen press for Panama's integration into SIECA

November 2008

The Federation of Chambers of Commerce on the Central American Isthmus (FECAMCO) urged the governments of CA to carry out concrete negotiations for the integration of Panama into SIECA.

The president of the entity, Costa Rican Carlos Federspiel, said to Acan-Efe that in the face of the financial crisis that started in the US "it is necessary to strengthen intra-Central American trade and for Panama to be integrated into the economic system of the region and other agreements such as the Agreement of Association with the EU."

$ 1.3 Million for Regional Trade

October 2010

The World Bank funds will be implemented through the program "Trade Facilitation and Regional Integration."

The technical assistance program to be developed in two years, aims to support regional efforts to facilitate trade and free movement of goods. The funds will be implemented in coordination with the Central American Economic Integration Secretary (SIECA).

Regional trade amongst countries increases 25%

January 2009

According to the WTO, export among Central American countries totaled $6.4 billion in 2008. reports: "The World Trade Organization estimates that commercial transactions between Central American countries at the end of 2008 was at $6.4 billion, a growth of 25%.

Region Advances Integration plans

August 2011

Authorities have signed a work plan for the second half of the year, which will focus on trade.

The incorporation of Panama into the Central American economic integration subsystem and the regional private sector’s improvement in competitiveness were some of the topics discussed at the Ministers of Economic Integration meeting, held recently in Guatemala.

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Caribbean Central American Action

Caribbean-Central American Action (CCAA) is a private, independent organization that promotes private sector-led economic development in the Caribbean Basin and throughout the Hemisphere.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador, Costa Rica and Caribbean Community
Phone: (202) 331-9467

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