Central America asks EU for infrastructure assistance fund

Central America will ask the European Union for a proposal to set up an Economic Fund of Financial Credit during the fourth round of negotiations to establish a trade association.

Thursday, July 10, 2008

The fund would be used to reduce the infrastructure disadvantages that Central American countries face relative to Europe.
The idea was first put forward by Oscar Alemán, Technical Coordinator of the private industry commission set up to contribute to the negotiations with the EU.
The fourth round of talks will take place in Brussels July 14-18.

More on this topic

CA-EU Negotiation to Resume in February

January 2010

The negotiations for an Association Agreement between Central America and the European Union will resume in February.

The next negotiation round is scheduled for "the end of February in Brussels", detailed Mendel Goldstein, ambassador for the European Commission for Central America.

Nicaragua to Attend Meeting with EU in Brussels

April 2009

Following the announcement by the Europeans of their willingness to "listen carefully" to its requests, Nicaragua is going back to the Partnership Agreement process.

Nicaraguan negotiators had abandoned what was the seventh round of talks for the Association Agreement between Central America and the European Union because its proposal to create a 60 billion Euro common fund for economic and financial assistance had failed to be tabled for discussion.

Nicaragua: Entrepreneurs Want to Resume Negotiations with EU

April 2009

COSEP asked the government of Nicaragua to return to the talks for the association agreement with Europe, which they asked to be more flexible in negotiations.

The chairman of the Higher Council of Private Enterprise (COSEP), José Adán Aguirre, said that Nicaragua should be in the negotiations, that is why he urged the government to participate in the meeting to be held in Brussels next April 23 and 24.

EU-Central American trade talks enter fourth round

July 2008

The European Union and the Central American nations today began their fourth round of negotiations aimed at reaching an agreement of association and free trade in 2009.

The EU and Central America have had an association agreement since 2003, but over the past year they have started talks aimed at deepening the relationship and setting up a free trade accord.

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