US to push investment in Central America

American Agriculture Secretary, Ed Schafer, will head a business mission to Central America from September 21-24.

Friday, September 19, 2008

Schafer stated that 17 agricultural business persons from the United Sates will travel with the delegation whose objective is to develop additional commercial contacts with over 70 companies in Central America and the Dominican Republic. According to the bulletin, thanks to CAFTA they expect that bilateral trade in agricultural products with the US will reach or exceed 5 billion dollars in 2008.

More on this topic

Panamanian Concern for ‘Weak’ Agricultural Sector

September 2012

The Chamber of Commerce, Industries and Agriculture in Panama has expressed concern over the effects of the forthcoming entry into force of the FTA with the U.S. in an agricultural sector which has no investment incentives.

A statement from the Chamber of Commerce, Industries and Agriculture of Panama (CCIYAP) reads:

Central America Seeks Allies in South America

September 2011

Central American countries are seeking support in security and trade relations.

At a time when South American countries are leading the continent's economic growth, Central American countries are trying to strengthen trade ties with powers such as Brazil, and relying on the experience of countries like Colombia in the fight against crime and drug trafficking.

American businessmen meet in Guatemala

September 2008

Businesspersons from 17 American companies arrived in the country on a trade mission headed by Edward Schafer, US Secretary of Agriculture.

The mission will visit the countries that are a part of CAFTA: Guatemala (currently being visited), El Salvador, Honduras, Nicaragua and the Dominican Republic, and will last four days. The businesspersons are planning to meet with at least 70 companies in said countries.

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.

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