Customs Union with New Border Post

In El Salvador, the integrated border posts El Poy, in Chalatenango, the first to have the necessary infrastructure to operate within the framework of the customs integration of the Northern Triangle, became operational.

Monday, December 10, 2018

After the adaptation of the border post, the infrastructure and computer systems of El Poy are practically ready to operate, however, the products that will have free circulation between the three countries and which goods will continue to be protected have yet to be defined.

From the statement of the Ministry of Economy of El Salvador:

December 7th, 2018. The Minister of Economy, Luz Estrella Rodríguez, participates together with the President of the Republic, Salvador Sánchez Cerén, who together with their counterparts from Guatemala and Honduras inaugurated, on December 7th, the first phase of adaptation of the integrated border post El Poy.

With this initiative, it is expected that the border integration of the three countries El Salvador, Guatemala and Honduras, through the Customs Union, will turn the subregion into the 8th strongest economy in Latin America, with a market of 32 million inhabitants, 73% of the population of CA.

The border post El Poy is from now on a strategic point of greater importance for exports and imports in the region. Only in the period from 2017 to 2018 recorded about 30 thousand exports worth $826 million.

According to Minister Rodriguez, with the official launch of the El Poy border post, "our people and our productive sectors are being fulfilled in advancing in the strengthening of the customs union of the Northern Triangle.”

The official expressed her satisfaction with the development of this border post, which becomes the first border post with a concept of integration in the strengthening of the Northern Triangle.

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Northern Triangle: More Negotiations for Customs Union

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Guatemala, El Salvador and Honduras have yet to finalize their Customs Union, since this week a new round of negotiations began in which they will follow up on the project to implement the advance declaration.

Although in December 2018 it was reported that the El Poy integrated border post in Chalatenango, the first to have the necessary infrastructure to operate within the framework of the customs integration of the Northern Triangle, began operating in El Salvador, the unification process is currently under negotiation among the countries.

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From a statement issued by the Ministry of Economy of Guatemala:

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