Dominican Republic to Join SICA

After being accepted by the current members, another year is required for the country to become a full member of the Central American Integration System.

Friday, June 28, 2013

"There is a political will that the Dominican Republic be integrated as fast as possible" as a full member of the Central American Integration System (SICA), as it currently is an observer, said the Costa Rican Foreign Minister Enrique Castillo.

According to the official, "we must resolve some legal points. Looking at the recent experience of Panama, which is the newest full member, the process took a year and it could be similar for the Dominican Republic. "

For his part, Dominican Foreign Minister Carlos Morales said has verbally requested that his country be fully integrated into SICA, which will be formalized in writing next week. "The brotherhood, fraternal bonds, culture and commerce," are some of the reasons the country wishes to deepen its relationship with Central America.



More on this topic

Mercosur Formalizes Observer Petition in SICA

July 2013

Today the official request was made to join, as an observer, the Central American Integration System, appointing Ivan Ramalho, to act in that instance.

Eleconomista.net reports: "The resolution was adopted by the bloc's foreign ministers, meeting in the Common Market Council (CMC), which prepared the statement later to be signed by the presidents."

Panama Becomes Member of ALADI

February 2012

Panama has delivered its instrument of adherence to the Treaty of Montevideo of 1980 formalizing its entry as a full member of the Latin American Integration Association (ALADI).

A press release from the Ministry of Foreign Affairs of Panama reads:

The Republic of Panama on Thursday delivered its instrument of adherence to the Treaty of Montevideo of 1980 formalizing the country's entry as a full member of the Latin American Integration Association (ALADI), the oldest regional economic integration forum.

Mercosur and SICA agree to start negotiations

September 2008

Delegates from Mercosur and the Central American Integration System (SICA) agreed yesterday to start face to face negotiations about a wide ranging political, commercial and cooperation accord.

Vice-minister of Foreign Affairs for the Dominican Republic, Clara Quiñones de Longo, explained that was is being proposed is not a free trade agreement "due to the huge disproportions between the two block," but a political, commercial and cooperation agreement.

SICA and MERCOSUR begin FTA process

September 2008

The date to start the negotiation process for a Free Association Agreement between both regions will be September 9 and 10 in Brasilia.

The Guatemalan vice-minister of Foreign Affairs, Alfredo Trinidad, pointed out that there is "an interest in the (Central American) region that the negotiation between SICA and MERCOSUR not be just another Free Trade Agreement, but a more integral agreement that contemplates other types of alliances.

 close (x)

Receive more news about Central America Integration

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Oct 26)
Brent Crude Oil
41.63
Coffee "C"
108.05
Gold
1,900
Silver
24.470