The Federation of Chambers of Commerce in the region is calling on Central American companies to participate in an online business conference, from August 16 to 19.
The Federation of Chambers of Commerce of the Central American Isthmus (FECAMCO) and the Secretariat of Central American Economic Integration (SIECA) are calling on Central American companies to take part in a virtual business round table, which will take place from August 16 to 18, through the SIECA web platform.
Starting April chambers of commerce in the region will be providing free training on phytosanitary controls, management at border posts and customs procedures for exporting firms.
From a statement issued by the Chamber of Commerce of Costa Rica:
Now is the time to fulfill the clear mandate of the Presidents of the Central American Integration System for the establishment of a Customs Union in Central America.
From a statement issued by the Federation of Chambers of Commerce of Central America (FECAMCO):
In order to expedite intraregional trade it is necessary for customs offices dealing with cargo freight, to be open all hours, just as immigration customs offices are.
A study commissioned by the Federation of Chambers of Commerce of Central America (Fecamco) concluded that there are 87 barriers to trade in the region, one of the major ones being operations of the systems at customs offices at borders, followed by bureaucratic requirements and lack of adequate infrastructure.
Central American companies are asking the Salvadoran government to intervene in the conflict, which is already generating huge losses.
Legislation in the region allows customs offices to design nonintrusive inspection methods, but these should not generate arrears in clearance or excessive costs which obstruct the free movement of goods, services and people.
Preparations are being made for a single form that will streamline customs trade ahead of the entry into force of the Association Agreement between Central America and the European Union.
According to the president of the Superior Council of Private Enterprise (Cosep), Joseph Adam Aguerri, already working on this issue are the Central American Integration System (SICA), and the Secretariat of Central American Economic Integration (SIEC). They are working "on a unified customs document that aims to concentrate all imports and exports," added Aguerri.
There are too many entities in the field of integration and they do not seem to be working with the speed they should.
The President of FECAMCO (Federation of Chambers of Commerce of Central America), Mario Gonzalez, believes that together with the customs union, key to boosting development in the region, there are other factors to consider, such as legal certainty, investment in technical education and physical security of persons and property. "...to an investor it is not not attractive to come and invest in a single country, but coming to invest in a region with 40 million inhabitants is extremely attractive."
Leaders of business associations in the region have indicated that governmental arbitrariness is interfering in Central America’s development.
A statement from the Federation of Chambers of Commerce of Central America (FECAMCO) reads:
Business organizations in the region which make up the Federation of Chambers of Commerce of Central America (FECAMCO) when meeting in Miami, Florida, USA, expressed their "great concern" about the institutional crisis in El Salvador, which they described as an "assault on the rule of law."
Criminal activities in Central America cause a loss of $900 million for regional trade, said the Federation of the Chambers of Commerce of Central America.
In El Salvador, $600 million was lost due to armed robberies, and in Honduras, the figure is $150 million a year, reported merchants from the isthmus .
The Federation of Chambers of Commerce of Central America has met in Managua, to discuss proposals and initiatives to overcome barriers of various kinds to trade on the isthmus.
"The president of the Chamber of Commerce of Nicaragua (CACONIC), Mario Gonzalez, said that employers are looking for strategies to strongly influence their respective governments with the aim of stopping them from blocking regional trade, including the closure of the borders, for political reasons or non-tariff related barriers," reported La Prensa in its online edition.
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