Customs Union Benefits

Jorge Daboub, president of the Salvadoran Chamber of Commerce, speaks about the benefits of the recent Customs Union between Guatemala and El Salvador.

Monday, February 9, 2009

Urías M. Gamarro, in a phone interview for PrensaLibre.com, asks him: "What are the most important benefits brought by this iniciative?"

"From 2002 to 2008, commerce between both countries has tripled, meaning that this Central American Union efforts are very important when facing the adversity of the world economy. I think it will be very positive for both countries and will force the rest of the countries to integrate."



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Honduras - Guatemala: Customs Union is Still Possible

June 2015

Despite the corruption scandals that tarnished the policy in Guatemala and Honduras, Honduran businessmen say the project of to unify the border posts at the end of the year is still moving forward.

Amid strikes, marches and demonstrations which have taken place in Guatemala and Honduras, working groups composed of representatives of the private sector in both countries and the government have not stopped working, as reported entrepreneurs like Maria Antonia Rivera, from the Chamber of Commerce and Industries of Cortés.

Customs Union Makes Progress

February 2013

Last Friday in San Jose the first round of negotiations of the Customs Union ended, having made major advances in the fields of food, medicine, manufacturing and agriculture.

A press release from the Ministry of Foreign Trade of Costa Rica reads:

On Friday in San Jose the first round of negotiations of the Customs Union ended, having made major advances in the fields of food, medicine, manufacturing and agriculture.

Customs Treaty in Effect in Guatemala

February 2011

With the publication in the official newspaper the Framework Convention for the Establishment of the Customs Union is now in effect.

The agreement was approved by Congress on September 9th, 2010.

Deputy Economy Minister for Foreign Trade and Integration, Raul Trejo, told Sigloxxi.com, "We are legally fulfilling a commitment made by all countries in the region” explaining that it has been ratified by almost all nations with a pending process in Costa Rica."

Honduras and Nicaragua Analyze Joint Customs Office

September 2010

In the process to form a Customs Union, authorities from both countries are analyzing a joint customs office in the Guasaule area.

They would be located in the same territory and share the same administrative offices to receive and dispatch merchandise.

This year, both countries started a customs modernization process which will improve some procedures to control imports, cut red-tape and increase the flow of trade between both countries.

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