Central America Projects Last Round with EU for July

The countries of the isthmus have proposed finalizing the technical aspects of the agreement during this last round.

Thursday, April 23, 2009

The current spokesperson for the countries of the region, Deputy Foreign Minister of Honduras, Patricia Licona, informed EFE that "mini rounds" will be held to address pending issues in the trade chapter.

Proceso Digital published: "The Honduran spokesman also requested more ‘flexibility’ in the meeting with the European Commission (CE) to conclude agreements in the trade chapter that affect ‘sensitive’ products such as bananas and sugar, articles of high relevance for Central America."

More on this topic

CE – EU Round Concludes Without Agreement

April 2010

Both blocks closed 10 days of intense negotiations without closing their Association Agreement.

Talks will continue at “the highest level”, as the parties hope to agree on the final issues in May.

Rubén Morales, Guatemalan economy ministry, told Sigloxxi.com that “the Europeans announced the end of the VIII round because they needed time to analyze Central America’s last proposal on sugar, banana, rice and meat”.

EU and CA Close Sustainable Development Chapter

April 2010

Central America won’t face commercial sanctions for failing to comply with environmental or labor regulations.

Additionally, the chapter forbids countries from reducing labor or environmental standards in order to attract investment.

Roberto Echandi, head of the Costa Rican delegation, commented that “…this chapter is one of the most important breakthroughs achieved so far at the VIII negotiation round”.

New Round CA – EU With Panama

March 2010

A negotiation round for an association agreement between Central America and Europe starts this week, covering commercial aspects.

Pending topics include access for Central American agriculture products to Europe (banana and sugar) and sustainable development.

“In the latter, the EU wants to define productive and dignifying employment as one of the key aspects of globalization and international trade”, reported Prensalibre.com.

No EU Agreement Without the Cooperation Fund

June 2009

This was reported by Honduran Vice-chancellor Patricia Licona after the end of the meeting among the lead negotiators for Central America.

The vice-chancellor added that for the structuring of the fund a regional commission is already functioning. This is comprised of by finance ministers, the presidents of central banks, and representatives of the regional economic agencies.

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