Its Time for a Customs Union

Now is the time to fulfill the clear mandate of the Presidents of the Central American Integration System for the establishment of a Customs Union in Central America.

Monday, February 2, 2015

From a statement issued by the Federation of Chambers of Commerce of Central America (FECAMCO):

The Federation of Chambers of Commerce of Central America (FECAMCO) held in San José, the transfer of chairmanship of this regional entity to the Chamber of Commerce of Costa Rica for the period 2015.

As a Federation we believe it is important that the Presidents of the Central American Integration System are taking up the agenda of a Customs Union in everything related to having trade facilitation in the region, which we consider of great value for promoting foreign and domestic investment, the latter driven mostly the involvement of MSMEs, which represent 85% of our membership and 90% of the economy of the Isthmus.



More on this topic

Logistics as A Central American Fetish

June 2015

Money in the pocket for every grandstanding politician and every wannabe business consultant, logistics in Central America is a much talked about theme on which no action is actually taken.

EDITORIAL

Logistics is vital for sustainable economic development, and it is perhaps the area of ​​business management that has made the greatest strides in the last 50 years.

Central American Union Still Not Concrete

April 2015

"It is we ourselves who are still looking ourselves as independent countries, when in fact we must work even harder on this unification."

In his article published in the magazine industry, the executive director of the Chamber of Industry of Guatemala Javier Zepeda, describes the situation which as yet has not be able to be changed: the plan for regional integration only exists on paper.

Single Declaration Form for Central American Customs

May 2013

Preparations are being made for a single form that will streamline customs trade ahead of the entry into force of the Association Agreement between Central America and the European Union.

According to the president of the Superior Council of Private Enterprise (Cosep), Joseph Adam Aguerri, already working on this issue are the Central American Integration System (SICA), and the Secretariat of Central American Economic Integration (SIEC). They are working "on a unified customs document that aims to concentrate all imports and exports," added Aguerri.

The Key to Development is Integration

September 2012

There are too many entities in the field of integration and they do not seem to be working with the speed they should.

The President of FECAMCO (Federation of Chambers of Commerce of Central America), Mario Gonzalez, believes that together with the customs union, key to boosting development in the region, there are other factors to consider, such as legal certainty, investment in technical education and physical security of persons and property. "...to an investor it is not not attractive to come and invest in a single country, but coming to invest in a region with 40 million inhabitants is extremely attractive."

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