Analysis of the impact of the Trans-Pacific Partnership on the region.
The competition which sectors such as textiles could face is one of the elements raising questions among employers in the region, compared to the real benefits that could be accrued if Central America participates in the Strategic Economic Trans Pacific Partnership (TPP).
The presence of direct competitors, such as countries like Vietnam, in the textile sector, and the possibility of losing dominance in the American market due to trade rules that TPP countries must meet, is unsettling the productive sectors in the region and forcing a reckoning of the pros and cons of a possible entry to the block to be undertaken.
With the franchise model growing on the isthmus, how important is to have a clear regional legal framework?
There are entrepreneurs calling for the creation of laws to regulate and protect activities in this business model and for them to be uniform at a regional level. Government representatives affirm that a law is not necessary and that everything is in the signed contract. What is the golden middle?
Jorge Daboub, president of the Salvadoran Chamber of Commerce, speaks about the benefits of the recent Customs Union between Guatemala and El Salvador.
Urías M. Gamarro, in a phone interview for PrensaLibre.com, asks him: "What are the most important benefits brought by this iniciative?"
"From 2002 to 2008, commerce between both countries has tripled, meaning that this Central American Union efforts are very important when facing the adversity of the world economy. I think it will be very positive for both countries and will force the rest of the countries to integrate."
Following the adoption in Guatemala of the Law on Public Information Access, El Salvador and Costa Rica are the only ones in the isthmus that lack a similar law.
The Salvadoran Foundation for Economic and Social Development (FUSADES) presented yesterday its draft law on transparency and access to public information.
The proposal includes 113 articles that seek to force all state institutions to deliver public information to all citizens.