The Force for Regional Integration

With an increase of 16% annually over the past five years, trade between the countries of Central America is the real force behind regional integration.

Tuesday, April 7, 2009

Despite the comings and goings with which governments have handled the process of integration, intra-regional trade continually progresses. In recent years, the numbers in the exchange of goods and services between the countries of the region have doubled, surpassing $6.3 billion per year.

At the forum held in Panama to discuss the progress of the regional integration process, the Salvadoran Vice Minister of the Economy, Johana Hill, stressed the complementary nature of the Panamanian economy with the other countries of the isthmus, especially in the logistics area, highlighting the strengthening that the full incorporation of Panama into the Guatemala Protocol of 1993 would mean to block.

In the Notimex article published in Estrategiaynegocios.net, it is stated that "the countries of Central America began the integration process 48 years ago although the instrument began to be perfected from 1994 onward to the extent that the nations have free trade, with the exception of two products (sugar and coffee)."

More on this topic

Implementation of Guatemala - Honduras Customs Union

May 2016

Customs Union between Guatemala and Honduras passes implementation phase after submission of the Enabling Protocol to SICA.

From a statement issued by the Secretariat of Central American Economic Integration:

Central, 4 May 2016. The Republics of Guatemala and Honduras, accompanied by the Secretariat of Central American Economic Integration (SIECA), officially delivered the Enabling Protocol for the Deep Integration Process into the free transit of goods and individuals between the two countries, for its submission to the General Secretariat of the Central American Integration System (SICA).

Logistics as A Central American Fetish

June 2015

Money in the pocket for every grandstanding politician and every wannabe business consultant, logistics in Central America is a much talked about theme on which no action is actually taken.

EDITORIAL

Logistics is vital for sustainable economic development, and it is perhaps the area of ​​business management that has made the greatest strides in the last 50 years.

Guatemala-Honduras Customs Union

February 2015

Both governments announced that they have signed an agreement to unify customs in order to expedite the transport of vehicles and people, with effect from 1 June.

With this agreement, it is expected that the border between the two nations will be fully liberated for both freight and passengers in December. Immigration procedures will be carried out online or in an office to be located near the border area.

State of the Central American Integration Process

February 2012

A Central American Economic Integration Situation Report details legal and institutional frameworks, trade of goods and the Central American Customs Unification process.

The report by the Central American Economic Integration Secretariat among other things refers to:

LEGAL AND INSTITUTIONAL FRAMEWORKS

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