Prensa.com reports: "With this aid package, the community Executive wants to contribute to the consolidation of the regional institutions in Central America and the participation of the social organizations in the process, the EC indicated in a release."

Source: prensa.com.pa

More on this topic

Europe Demands Full Integration

July 2010

European authorities noted that as long as there are border controls, custom and tariffs, Central America's Integration process won't be complete.

For many years Central American countries have been trying to create an economic integrated block, but now the Association Agreement with Europe requires them to step on the gas and fully complete it.

EU Agreement to Include Honduras and Panama

January 2010

Benita Ferrero-Waldner, EU's Trade commissar, said she is pleased with the inclusion of Panama in the agreement.

The involved parties hope to sign the Agreement on May 18th, in Madrid, Spain.

"Marco Ruiz, Costa Rica Commerce Minister, said that 'we support the inclusion of Panama, they have been taking part in the meetings.

European Union Committed to Association Agreement

January 2010

The Association Agreement between EU and Central America, including Honduras, would be signed on May 18th, 2010.

Benita Ferrero-Waldner, European Foreign Commissar, expressed the Union's intent of concluding the negotiations and signing the agreement on the planned date.

Costa Rica and EU Seek Exit for Association Agreement

October 2009

Trade representatives from Costa Rica will meet with EU delegates to resume negotiations.

Bruno Stagno, Foreign Relations minister, and Marco Vinicio Ruiz, Commerce minister, will meet with Europe's foreign relations commissar, Benita Ferrero-Waldner, with the objective of unfreezing the negotiation process, which was paralyzed by the Honduran crisis.