More Efforts for Customs Integration

El Salvador and Guatemala have agreed to accelerate the integration process between the customs offices of both countries, once again returning to the negotiation process.

Tuesday, February 14, 2012

Guatemala and El Salvador have decided to accelerate the process towards the Customs Union, and in order to achieve this their economic ministers will meet once a month.

De la Torre said that "with these measures we aim to improve processes related to customs and immigration", in an article in "The two countries are committed to the Central American Customs Union, which is why we want to take large steps quickly to achieve the goal."

The first meeting was held on Monday February 13th in Guatemala, with the participation of ministers Sergio de la Torre (Guatemala) and Hector Dada (El Salvador), who were accompanied by their deputy ministers of Foreign Trade and trade policy managers.

95% of the tariff lines between Guatemala and El Salvador are already harmonized, except sugar and coffee.

More on this topic

Guatemala and El Salvador: A Single Customs Clearance

March 2012

By the end of 2012, El Salvador and Guatemala intend to integrate their customs borders in order to facilitate trade and people transit.

Towards the end of 2012, El Salvador and Guatemala are looking to integrate their customs border in order to facilitate trade and transit of people.

Association Agreement with EU in 2012

September 2011

It is 'impossible' that the Association Agreement with the European Union will be ratified this year.

This was the announcement made by the Minister of Economy of El Salvador, Hector Dada Hirezi, referring to the fact documents containing the cornerstones of the agreement have yet to be translated.

C.A. Entrepreneurs Urge to Accelerate Integration

December 2010

Seasoned in negotiations with Europe, Central American employers are demanding to political sectors to accelerate the process for the economic integration of the isthmus.

50 years after the signing of the General Treaty of Central American Integration, over 40 million people living in the region still do not enjoy the economic benefits and development opportunities that could effectively be consolidated if Central America would act as a single economic unit, much like the European Union.

Regional Trade Down 21%

July 2009

From January to May 2009, $1.736 were exported and imported within the region, down from the $2.196 million registered in the same period of 2009.

The global economic crisis was the main reason behind the fall in regional trade, as imports and exports to the rest of the world also decreased, with drops of 30% and 15% respectively.

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