SICA and MERCOSUR begin FTA process

The date to start the negotiation process for a Free Association Agreement between both regions will be September 9 and 10 in Brasilia.

Tuesday, September 2, 2008

The Guatemalan vice-minister of Foreign Affairs, Alfredo Trinidad, pointed out that there is "an interest in the (Central American) region that the negotiation between SICA and MERCOSUR not be just another Free Trade Agreement, but a more integral agreement that contemplates other types of alliances.

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Honduras seeks trade agreement with Brazil, Peru, and Ecuador

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Mercosur and SICA agree to start negotiations

September 2008

Delegates from Mercosur and the Central American Integration System (SICA) agreed yesterday to start face to face negotiations about a wide ranging political, commercial and cooperation accord.

Vice-minister of Foreign Affairs for the Dominican Republic, Clara Quiñones de Longo, explained that was is being proposed is not a free trade agreement "due to the huge disproportions between the two block," but a political, commercial and cooperation agreement.