Customs Union - Central American in Figures

Customs Union - Central American in Figures

Tuesday, March 4, 2008

Customs Union - Central American in Figures



More on this topic

Central American Customs Union is Essential

June 2012

The Central American Customs Union is the most important tool for increasing trade in the region and generating the economies of a scale necessary to compete in the global market.

The Federation of Chambers of Exporters of Central America, Panama and the Caribbean (FECAEXCA) has released a statement in which it urges “the Ministers of Economy of the region to redouble their efforts so that the processes of the Customs Union can acquire the necessary priority and speed and to take actions to complete them”.

Businessmen Question Integration Secretary

January 2011

"SIECA is currently under question, ever since the appointment of the Secretary General was made abnormally."

The Federation of Private Entities of CA, Panama and Dominican Republic (FEDEPRICAP), canceled a meeting with the Spanish Organizations Confederation because the meeting was sponsored by the Central American Economic Integration Department (SIECA) as part of a project which manages the Department itself.

Customs Union is Essential

July 2010

The cost of customs procedures adds up to 40% to the price of products traded between countries in the region.

The isthmus is the natural destination for the region’s export producers and a large part of the countries’ economic development depends on the 40 million people that inhabit Central America, forming a unified marketplace.

Customs Union urgently needed

December 2008

Costa Rican businesses demand that regional common market be strengthened.

The business owners claim that join together 11 treaties is worthless unless their is a common market to ease the trade of products in the region and with harmonious tariffs, not to mention other needs.

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