The business associations of both countries started working on a joint plan to solve a problem that has been causing them damage for the last six years.
Representatives from the Chamber of Commerce, Industries and Agriculture of Panama (Cciap) and members of the Chamber of Commerce of Bogotá, initiated talks to develop a joint plan to end the conflict that has affected them since 2012.
The union of Guatemalan merchants and the embassy of Peru signed an agreement to increase trade between the two economies.
According to figures from Banco de Guatemala, in 2017 the Central American country imported $71 million worth of goods from Peru and exported $86 million worth to the South American country.
With the aim of promoting new opportunities for trade and investment, businessmen from both countries decided to create a union.
The president of the union, David Huezo, told Elmundo.sv that "... the Chamber 'will promote activities that will allow it to position itself as a national and regional reference entity in the active support and promotion of opportunities for commercial exchange with the United Kingdom'."
The aim is to promote development of new business between both countries, and increase exports from Honduras of products such as coffee, chocolate and tobacco.
The objective is to develop more commercial relations, and increase exports from Honduras of products such as coffee, chocolate and tobacco.The new business chamber starts operations with 25 affiliated companies.
The new business entity seeks to convene 100 companies in two years, and foster business development, trade and investment between Panama and the European country.
The Franco - Panamanian Chamber of Commerce (CCFP) is a non profit organization that seeks to bring together the business sector of both countries to promote business development, trade and investment.
The ACIGS aims to develop trade and economic ties between Guatemala and El Salvador, promoting joint projects to improve the results of trading balances.
According to Gustavo Novola, president of the Guatemalan Salvadorian Commercial and Industrial Association (ACIGS) at the end of 2013 a business conference will be held conducive to increasing the sales of both nations.
The Nicaraguan-Korean Association for Development is looking to promote investment in agribusiness and automotive areas.
The Nicaraguan private sector is keen to attract investors from the Asian nation for its agribusiness and automotive areas. According to Soon Taen Kim, the outgoing Ambassador of South Korea in Managua, these opportunities exist, however, what is lacking is a promotion mechanism between both countries with this mission.
The Union of Central American Bi-National Chambers of Commerce, Industry and Mexican Investment has been formally established.
Ucabicimex is "formed by the Chamber of Industry and Commerce of Costa Rica - Mexico (Cicomex), the Salvadoran - Mexican Trade (Chamber Casalmex), the Guatemalan - Mexican Chamber of Commerce and Industry (CAMEX), the Honduras - Mexico Enterprise Chamber ( CEHM), the Mexico - Costa Rica Enterprise Chamber (Camexcr), the Mexico - El Salvador Enterprise Chamber (Camexsal), the Mexico - Nicaraguan Enterprise Chamber (Camenic) and the Mexico - Panama Chamber of Commerce (Camexpa) ", reported Nacion.com.
The initiative aims to contribute to strengthening trade and investment promotion between the two nations.
From a press release from the Ministry of Foreign Affairs in El Salvador:
The Minister of Foreign Affairs, Hugo Martinez, inaugurated on March 29th in Mexico City, Mexico, the Mexico-El Salvador Business Chamber (CAMEXSAL), an initiative to help strengthen trade and investment promotion between the two nations.
Costarrican business Organization of importers that seeks to generate more and better business for its members.
Organization that operates in Costa Rica
Phone: (506) 2253-0126 - (506) 2234-2557
A Business Chamber between the two countries has been created to boost trade.
Major companies with local and regional presence in El Salvador have decided to join forces and build a partnership with representatives of Mexico's business sector, in order to get most benefit out of intraregional trade.
According to an article in Elsalvador.com: "Initially, the organization will consist of 18 companies, among which are GRUMA (Grupo Maseca), Dina Motors, Wal Mart Mexico, TACA-Avianca and Grupo Calvo."