Unified Regional Trade Regulations
This first unification of regulations will benefit the export sector of food and medicine industry.
Thursday, December 9, 2010
The signing of the agreement to unify technical regulations will be held next Monday and will then be submitted for review to the countries of the World Trade Organization (WTO).
$900 million have been traded within Central America in the first half of this year, $261 million less than the same period of 2008.
By improving the movement of merchandise within Central America, the region will facilitate negotiations for a trade association agreement with the European Union.
After a 18.4% fall in 2009, 2010 closed with an 8.6% increase.
Trade between Central American countries decreased 17% in the first third of 2009, when compared to the same period of 2008.
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