Central America asks BCIE for backing for Central and Private Banks

The region made a petition to the Central American Bank for Economic Integration that could reach $2 billion, that is $400 for each one of the five countries in SICA.

Monday, October 6, 2008

Central America is seeking its own financial rescue plan. After analyzing the possible effects of the financial crisis in the United States on the region, the Heads of State of the Central American Integration System (SICA) asked the BCIE "to consider the possibility of extending lines of credit for up to $200 million for the Central Banks" in the region.
The presidents
also agreed in the special declaration to expand their commercial niche to countries in the South, the Caribbean and Asia. This is in addition to "defending and strengthening" inter-Central American trade, which was at $5.3 billion last year.

More on this topic

Walmart Promotes Sustainable Agriculture on the Isthmus

November 2011

From 8 to 10 November, international executives from Walmart will analyse in Costa Rica sourcing strategies for directly purchasing fruit and vegetables from growers.

A press release from Walmart Mexico and Central America states:

From 8 to 10 November, international executives from Walmart will analyze sourcing strategies for buying direct from fruit and vegetable growers, based on the model used in the rest of Central America.

Presidential Approval Ranking

April 2009

In Central America, Antonio Saca is first (66%), followed by Oscar Arias (49%), Martín Torrijos (48%), Álvaro Colom (45%), Daniel Ortega (38%), Manuel Zelaya (25%).

A ranking by Consulta Mitofsky compares the approval ratings of 18 presidents of the Americas, led by Brazilian President Luiz Inácio Lula da Silva with a 70% approval rating, followed by Alvaro Uribe of Colombia (69%), and Felipe Calderón of Mexico (68%).

Presidents of the Region to meet with Joe Biden

March 2009

The vice president of the United States will meet with isthmus leaders during his visit to Costa Rica on March 29 and 30.

The Costa Rican president, Oscar Arias, summoned his counterparts from El Salvador, Guatemala, Honduras, Nicaragua and Panama. He announced that he will also invite the prime minister of Belize and the winner of next Sunday’s presidential elections in El Salvador.

Plan Puebla Panama and Integration to be discussed at presidential meetings

June 2008

The presidents of the region have back-to-back meetings today in El Salvador and tomorrow in Mexico, to discuss regional integration and the re-starting of the Plan Puebla Panama.

Presidents from Central America, Mexico and Colombia will meet Saturday in the Mexican city of Villahermosa, where the theme will be Plan Puebla Panama.

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