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Central American Parliament could promote laws that are valid regionallyFriday, August 29, 2008 Parlacen will have new powers to push through the process of economic integration on the isthmus. According to Julio Gonzalez, president of forum, Parlacen could promote laws that are valid regionally while previously it was limited to recommending changes in the laws of member countries. Walmex Concludes Purchase of Walmart Central AmericaWednesday, February 17, 2010 Walmart México (Walmex) concluded the purchase of Walmart Central America with a $110 million cash payment. Walmex also issued 603.9 million shares, which were traded to the former owners of Walmart Central America, who now become Walmex shareholders. Successful Closure of Central America Travel MarketTuesday, October 13, 2009 The fair's sixth edition came to an end in El Salvador, with the participation of over 140 international tour-operators and 168 Central American tourism companies. José Napoleón Duarte, Salvadoran Tourism Minister, remarked: "We are very satisfied. Specifically, we have received 800 regional appointments". Suez Energy to invest US$650 million in PanamaThursday, June 26, 2008 Suez Energy aims to invest US$650 million in various power-generation projects that should come on stream by 2010. The projects includes the conversion to coal of the Bahía Las Minas thermal plant, and construction of a 25-megawatt hydroelectric scheme at Gualaca, Chiriquí. Latin American leaders urge regional tradeWednesday, April 16, 2008 Latin American leaders vowed to boost trade and investment in the region to withstand a sharp economic downturn in the United States. «We have to learn to turn on our own motors,» Mexican President Felipe Calderon told the closing session of the two-day World Economic Forum on Latin America in Cancun. The presidents of Guatemala, El Salvador, Honduras and Costa Rica, and the prime minister of Trinidad and Tobago, also attended the two-day forum _ a spin-off of the yearly meeting in Davos, Switzerland. The Incorporation of Panama into SICAWednesday, February 6, 2013 The Cabinet Council has approved Panama joining the Economic Integration Subsystem of the Central American Integration System. From the press release issued by the Presidency of Panama: Brazil joins SICA as observerWednesday, October 8, 2008 This move seeks to intensify the relationship between Brazil and Central America, especially regarding trade and commerce. With this move, Brazil will be able to participate int he ministerial and presidential meetings of the Integration System and will have to right to participate but not vote, according to the agreement signed at the first meeting of the political consultation mechanism between Brazil and the Central American organization. Central America to have talks with Europe on subsidiesMonday, April 28, 2008 Central American trade and economy ministers will meet with the European trade commissioner, Peter Mandelson, on May 15 in Peru, for talks on progress toward a trade association. One of the main items on the agenda will be the subsidies that Europe grants to its farmers. EU announces $19 million for Central AmericaFriday, January 23, 2009 The European Union has announced this aid to help with the integration of the region ahead of the next round of negotiations for reaching an agreement of association. Prensa.com reports: "With this aid package, the community Executive wants to contribute to the consolidation of the regional institutions in Central America and the participation of the social organizations in the process, the EC indicated in a release." Central America to make new offer to the EUMonday, December 1, 2008 The countries of Central America already made an offer of 90% of the tariff items that they will allow the European Union. According to the Guatemalan vice minister of Foreign Trade, Ruben Morales, the negotiating teams from the region agreed to the 90% of the items as required by the EU at a private meeting that was held for one week in Guatemala. Final Proofreading of Agreement with EUTuesday, August 24, 2010 Central America is beginning the process of reviewing the final text of the agreement signed with the European Union last May. The Trade Policy director of El Salvador's Economy Ministry, Carlos Moreno, commented that, "working groups will meet to discuss access, rules of origin and legal details in order to be able to start the process of reaching a final document for the Association Agreement with the EU," reports Prensalibre.com. Regional Technical Agreements Indispensable for EUFriday, February 26, 2010 During the negotiations, the European Union requested Central America unified regulations in sanitary, technical and plant health issues. This was one of the most debated topics of today’s negotiation, commented Roberto Echandi, Costa Rica’s chief negotiator. Central America asks EU for infrastructure assistance fundThursday, July 10, 2008 Central America will ask the European Union for a proposal to set up an Economic Fund of Financial Credit during the fourth round of negotiations to establish a trade association. The fund would be used to reduce the infrastructure disadvantages that Central American countries face relative to Europe. European trade offer to be analyzed in JulyTuesday, June 17, 2008 Central America hopes to achieve a new exchange of offers of access to the markets of the European Union in the second week of July. The meeting will be held just before the third round of negotiations on a trade association between the two regions. VI Round of Negotiations with EU in final phaseThursday, January 29, 2009 The negotiations are entering the final phase after yesterday's presentation of the sugar and banana offer by the EU. Nacion.com reports: "This has do with a quota which did not surpass, nor meet, the aspirations of Central America. |
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Sunday, January 29, 2023 - last update: Wednesday, 1:21 pm
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