Northern Triangle: New Progress in Customs Union

After several rounds of negotiations, El Salvador formally joined the Customs Union process with Guatemala and Honduras, so it will have to adjust its systems to the community information platform.

Wednesday, November 21, 2018

Authorities from the countries of the Northern Triangle reported that since November 20th, El Salvador has been fully incorporated legally and administratively into the process of Deep Integration of the Customs Union between Guatemala and Honduras.

Regarding actions for El Salvador, details that "... the next step will be to adapt the existing infrastructure in aspects such as the development of software and adjustments to the community IT platform, which Guatemala and Honduras already use, to define the exempted product lists of free traffic, personnel and private sector training, as well as the readjustment of the integrated border posts, among others."

Julio Dougherty, Guatemala's Vice Minister of Integration and Foreign Trade, explained that "... there are challenges ahead such as infrastructure, 'which needs to be worked intensively to create border posts similar to those already in the rest of the Customs Union."

On the other hand, Luz Estrella Rodríguez, Minister of Economy of El Salvador, said she was "... satisfied with El Salvador's incorporation into the ministerial body and indicated that the Northern Triangle is becoming stronger and more competitive for the world and the region, because transit times at the borders continue to be reduced and trade between the countries of the economic block mentioned is speeding up."

Days ago, the Ministry of Economy of El Salvador held a meeting with the country's private sector, in which they were informed that after the seventh round of negotiations held from November 12th to 16th, progress was made in the conclusion of IT tests for the transmission of the Central American Single Invoice and Declaration (FYDUCA) in the pre-production phase.

See Statement of the Salvadoran Ministry of Economy.

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Northern Triangle: More Negotiations for Customs Union

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Guatemala, El Salvador and Honduras have yet to finalize their Customs Union, since this week a new round of negotiations began in which they will follow up on the project to implement the advance declaration.

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From a statement issued by the Ministry of Economy of Guatemala:

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