The European Parliament's plenary session proposes that the European Commission apply the democratic clause in the EU-Central America Association Agreement, which would involve Nicaragua's withdrawal from the agreement.
Almost two years after the start of the political and economic crisis in Nicaragua, MEPs are proposing to sanction the Ortega administration with the eventual withdrawal of the country from the trade agreement.
Through the new diplomatic headquarters in Beijing, the Salvadoran government aims to deepen relations with the Asian giant.
The opening of the Salvadoran government's embassy in China will help to further strengthen the relationship of friendship, trade and cooperation between the two nations, reported the Ministry of Foreign Affairs of El Salvador.
Following the path chosen by its neighbors Panama and Costa Rica, the Salvadoran government has announced the opening of diplomatic relations with China and a rupture with Taiwan.
Reactions to the announcement by President Salvador Sánchez Cerén did not take long.The US government expressed its opposition, stating that the decision will bring negative consequences for El Salvador, while opposition politicians accused the government of wanting to ease the way for China to be granted the concession to operate the port of La Unión.
In Panama, a bill proposes reinforcing coercive measures for customs offenses with penalties ranging from $250, to a fine equivalent to the value of the unpaid taxes.
The Ministry of Economy and Finance explained that the bill proposes "to facilitate greater collection, in any of the instances that sanction the crimes of customs fraud and contraband."
To be able to ship cargo throughout the region, Central American business leaders are exploring options for moving goods using alternative methods, such as shipping.
Representatives from the Costa Rican government and the union of exporters met to address the issue of blockades in Nicaragua and the logistical drawbacks that they have caused, since Costa Rica transports by land about five thousand containers to the other Central American countries every month. As a result of this meeting, both parties concluded that the most viable option is to use maritime transport.
The first diplomatic headquarters that the Central American country is opening in the African continent will be located in Kenya.
From a statement issued by the Ministry of Foreign Affairs in Costa Rica:
April 6, 2018The Minister of Foreign Affairs, Manuel A. González Sanz, inaugurated the Embassy of Costa Rica in the Republic of Kenya in Africa and whose resident Ambassador is Marta Eugenia Juárez Ruiz.
Flights between the Asian country and Tocumen, a feasibility study to build a train to the border with Costa Rica and cooperation in financial, energy and maritime matters, are some of the results on offer from the agreements signed between the Chinese and Panamanian governments.
Since the breakdown of Panama's diplomatic relations with Taiwan and the new relationship with the Asian giant was announced in June of this year, the possibilities of creating and developing new business in Panama have multiplied, due to the implications that greater involvement in terms of investment by China would have for the country and the region.
With the recent establishment of diplomatic relations, the Panamanian government intends to encourage strategies to promote trade, investment, tourism and cooperation between the two countries.
From a statement issued by the Ministry of Foreign Affairs:
The Government of the Republic of Panama, through the Ministry of Foreign Affairs, considering that on June 13, 2017, the Republic of Panama established diplomatic relations with the People's Republic of China, wishes to report on the opening of the Panama Embassy in this Asian country, having previously fulfilled the formalities and terms of of its effect.
The debt that the state has owed to export companies for four years, from unrefunded VAT, has now reached $50 million.
Silvia Cuéllar, executive director of Coexport, told Elmundo.sv that"... every year, the Ministry of Finance should have reimbursed exporters about $200 million, and the amount now overdue is $50 million."
The vagueness of the Solis administration regarding the integration of Costa Rica into the Pacific Alliance has provoked negative reactions from business associations.
EDITORIAL
The country's entry into the Commercial alliance composed of Chile, Colombia, Mexico and Peru would represent a very important change for the economy of Costa Rica, a change that sectors producing goods and services would have to integrate into their strategic plans, which is why they need clear signals regarding what will happen.
The best way to generate entrepreneurship and innovation is not bringing people together in boring classrooms led by public officials who will never be entrepreneurs or innovative themselves, but by leaving space in the market for those who do have the courage and skills to be so.
Analysis of the overall growth of Uber, an international company that connects its customers to a transport network using software for mobile phones, is the basis for the development of a concept which states that the greater the freedom of competition is, the better products and services will be for consumers, and the greater economic development.
There is an imperative need for Guatemala to table a clear strategic relationship with China, not only in terms of trade, but also fundamentally at the political level.
From the Publication entitled "Economic Policy, Trade and Investment by Guatemala in the PRC: strategy in the short, medium and long term" by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC):
The Foreign Ministry has announced that it has given approval for the establishment of the office, whose opening is scheduled for October.
Two years after El Salvador set up an embassy in Russia, the authorities in this country are preparing to open an office in San Salvador, for which they "... already have a person to lead it."
Foreign Minister Hugo Martinez told Elmundo.com.sv "...
The two Governments have signed an agreement abolishing visas in order to expedite the necessary formalities for travel between the countries.
With Russia, the total number of countries that have abolished visas for citizens of Honduras amounts to more than 70. Among them are: Turkey, Switzerland, the Czech Republic, Poland, Malta, Malaysia, Japan, Israel, Greece, Ecuador, Colombia, Brazil, Paraguay and Argentina.
The Ministry of Foreign Trade in Costa Rica has created a new unit to "support local companies engaged in exports or who have the potential to do so."
EDITORIAL
The question that immediately arises is how this "support" to companies with export potential will be given since it is already well established that official "consultants" who populate the offices of the new unit, do not know how "to be entrepreneurs," but merely how to receive their salaries on time every month, regardless of the fate of companies that they "support":