New Tax at El Salvador Borders Still In Effect

The Federation of Chambers and Associations of Exporters of Central America have joined their voices with those of businesses to oppose the tax for Attention to Victims of Traffic Accidents.

Friday, June 14, 2013

The Federation of Chambers and Associations of Exporters of Central America (Fecaxca) believes that the tax affects the competitiveness of a regional market in the process of development.

According to the Fecaxca, "this unilateral measure contravenes commitments to Trade Agreements signed with other countries and regions of the world, where one of the key requirements is to strengthen the regional integration process in order to achieve an effective customs union, providing free flow of people and goods across the Central American territory. "



More on this topic

Governments Hinder Intra-Regional Trade

July 2014

Despite the antiquity of the efforts for Central American integration and for the Customs Union the obstacles to trade between the countries on the isthmus presented by customs offices are notorious.

The Federation of Chambers and Associations of Exporters of Central America (Fecaxca) is once again calling for policies and common strategies for standards and customs procedures.

El Salvador: Border Tax Repeal Announced

June 2013

The regional freight sector has agreed to purchase insurance to protect accident victims.

Prensalibre.com.gt reports that "The government of El Salvador and cargo transport unions in Central America, agreed yesterday in "supporting" a legal reform which alleviates them from the payment of a tax on those who already pay insurance to cover against any accidents, an official said. "

Intra Regional Trade Down 22%

October 2009

$900 million have been traded within Central America in the first half of this year, $261 million less than the same period of 2008.

The most affected sectors are construction, raw materials (chemical products), and industry (glass, plastics and metals), reported Luis Godoy, director of Agexport, the Guatemalan exporters association.

Trade growing within the Central American region

June 2008

By improving the movement of merchandise within Central America, the region will facilitate negotiations for a trade association agreement with the European Union.

Costa Rica's exports to its neighbors grew sharply in the first five months of the year. Sales to Panama rose by 37 percent, followed by Nicaragua with 20 percent and El Salvador with 18 percent.

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