Central American trade and economy ministers will meet with the European trade commissioner, Peter Mandelson, on May 15 in Peru, for talks on progress toward a trade association.
One of the main items on the agenda will be the subsidies that Europe grants to its farmers.
The meeting will be held on the eve of the Fifth European Union-Latin American and Caribbean Summit, which is being hosted in Lima.
The European Union has announced this aid to help with the integration of the region ahead of the next round of negotiations for reaching an agreement of association.
Prensa.com reports: "With this aid package, the community Executive wants to contribute to the consolidation of the regional institutions in Central America and the participation of the social organizations in the process, the EC indicated in a release."
According to the Guatemalan vice minister of Foreign Trade, Ruben Morales, the negotiating teams from the region agreed to the 90% of the items as required by the EU at a private meeting that was held for one week in Guatemala.
The expansion of tourism by 17 percent in Central America is above the worldwide average and hasn't been affected by the economic recession, according to the region's tourist ministers.
The Central American Tourism Board, which held its 73rd annual meeting in Tela, Honduras agreed "to continue with efforts to promote Central America as an international destination," says the end-of-conference communiqué.
Central America is beginning the process of reviewing the final text of the agreement signed with the European Union last May.
The Trade Policy director of El Salvador's Economy Ministry, Carlos Moreno, commented that, "working groups will meet to discuss access, rules of origin and legal details in order to be able to start the process of reaching a final document for the Association Agreement with the EU," reports Prensalibre.com.
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