International Commerce Association Agreement between Europe and Central America Daniel Ortega Government Héctor Dada Hirezi Association of producers and exporters of Nicaragua Business and Investment Central America Business Committee Development Federación Centroamericana de Cámaras Agropecuarias y Agroindustriales Foreign Direct Investment Investment Nicaraguan Chamber of Commerce Politics President

"Nicaragua and El Salvador Won't Participate in the Next Round of the CA-EU Agreement"

This was announced by Nicaraguan President Daniel Ortega at the governor's meeting of the Central American Bank for Economic Integration.

Friday, April 30, 2010

Ortega remarked that European negotiators do not intend to negotiate, but to impose conditions, adding that trade agreements between powers like the European Union and a group of small, impoverished nations like Central America are a form of imperialism or modern "colonialism".

An article in El19digital.com reports that Ortega called on Central American nations to join him. He announced that his country's delegation, headed by the Chancellor of Nicaragua, asked him to consult Latin American and European leaders on all the issues blocking a closure of the agreement.

He added that an integration process requires resources to achieve a balance, as there are large asymmetries between Central American countries, but that a region that is so weak in economic terms cannot do this on its own, and so developed countries must contribute the resources needed to achieve this balance.

Source: el19digital.com

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Praise for Ortega's Economic Policy

June 2011

Nicaraguan businessmen say that "the economic engine is the private sector " because it "generates 93% of employment and 83% of the gross domestic product "

An article in Informe Pastrán, reported that the president of the superior council for private enterprise (COSEP), José Aguerri, made this statement during an interview with AFP.

El Salvador Will Participate in Upcoming EU Negotiations

May 2010

The Economy Ministry denied allegations that El Salvador would be absent from the next negotiation round of the Association Agreement with the European Union.

The statement by Hector Dada comes a few days after Daniel Ortega, Nicaraguan president, said that both his country and El Salvador would not participate in the next round.

Central American Industrial Goods To Enter Europe Without Tariffs

February 2010

The region achieved an important result, as industrial goods will be able to enter Europe without paying tariffs.

Costa Rica’s trade ministry (Comex) believes this will make investors feel safer.

“Roberto Echandi, chief negotiator for Costa Rica, informed the Europeans liked another proposal by the region to include a special safeguard for these products.

CA-EU Negotiation to Resume in February

January 2010

The negotiations for an Association Agreement between Central America and the European Union will resume in February.

The next negotiation round is scheduled for "the end of February in Brussels", detailed Mendel Goldstein, ambassador for the European Commission for Central America.