Panama Formally Joins Central America

With the formal integration of the canal country into SIECA, what was a geopolitical contradiction has been corrected, because Panama always should have been part of Central America.

Wednesday, May 8, 2013

From a press release from the Central American Economic Integration Secretariat (SIECA):

The Secretariat of the Central American Economic Integration (SIECA) congratulates the brotherly people of the Republic of Panama for joining the Central American Economic Integration Subsystem by means of the deposit of the Incorporation Protocol made on Monday May 6 this year.

In this way, Panama became the sixth country to become part of the economic subsystem, after subscription to the aforementioned instrument made during the XXXIX Summit of Heads of State and Government of SICA, held in Tegucigalpa, Honduras, on June 29 2012, which was subsequently approved by the National Legislative Assembly of Panama in the month of April this year.



More on this topic

Panama: Updated Customs Regulations

November 2014

A Draft law will adapt the rules for administrative procedures and customs penalties in the light of the country's integration into SIECA.

After joining the Economic Integration Subsystem (SIECA), Panama must adjust and update its customs procedures to respond more effectively to the demands of the block and international trade.

Panama Finalizes SIECA Entry

June 2013

Finally the geopolitical reality has been imposed and the Canal country has been formally integrated into the community of Central America nations.

It was "a great achievement" and one "longed for for many years by all Central American countries", this was Panama's accession to SIECA, an organ of the Central American Integration System (SICA), said Anabel Gonzalez, Costa Rican Foreign Trade Minister.

Panama Officially Enters SIECA

May 2010

This Wednesday, at the Central American ministers meeting in Guatemala, Panama will be formally admitted into SIECA.

In order to participate in the Association Agreement with the European Union, Panama had to become a member of the Secretary for Economic Integration of Central America (SIECA).

Panama Could Join Sieca in 2010

November 2009

Panama's Economic Cabinet is receiving technical assistance from Sieca for its incorporation in the regional system.

The announcement was made by Yolanda de Gavidia, Sieca Secretary, who explained they are also working with Panamanian authorities in commercial topics.

"Even though an official date has not been set, Panama could finish the process and join Sieca in 2010", reports Prensalibre.com.

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