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Businessmen: Integration Engine

The real, effective integration of Central America lies more in the hands of businesses than governments.

Tuesday, December 22, 2009

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Deep into their own political agendas, which many times reflect only short term party interests, Central American governments have so far been unable to develop an integration process that is not only indispensable, but also unavoidable.

Integration is indispensable, as it is the only way to overcome underdevelopment barriers through a better use of human and material resources. It is also unavoidable, as Central American corporations are pushing beyond national borders, looking for lower costs through economies of scale and productive chaining from Guatemala to Panama.

Source: Estrategia & Negocios

Key entities

Secretariat for Central American Economic Integration Central American Bank for Economic Integration Central American Integration System

Countries

Central America

Insight

regional financial integration regional integration entrepreneurship corporate culture Chain business business strategies business management Business Integration Business Development Central America Integration

Panama - Costa Rica - Colombia?

September 2009

Fernando Naranjo: "the real integration will happen in the business dimension, not the political one".

The former Costa Rican minister and entrepreneur considers that businesses from Costa Rica, Panama and Colombia are undertaking a natural integration process, to which Dominican Republic would join.

Integration Held Back by Large Obstacles

November 2009

In spite of globalization driving various forms of private economic integration, there still remain custom and tariff barriers.

International commerce experts agree that in order to fully take advantage of the benefits of free trade agreements with extra-regional blocks, Central America must complete the economic integration process started on October 14, 1951.

Costa Rica Files Appeal for Reinstatement in SIECA Case

January 2011

The Government filed a motion to rescind the appointment of Ernesto Torres Chico as head of SIECA.

"What we're asking for is the application of due process, transparency and respect for institutions, so not to impose a Secretary General in violation of the procedures and mechanisms established in the Central American instruments" said Minister of Foreign Trade, Anabel González.

How to Strengthen the Regional Integration Process

March 2011

Transporting a truckload from Guatemala to Costa Rica takes four days, when the journey could be completed in 30 hours.

The Business Committee for Customs Union launched a campaign to accelerate and complete the integration, attacking in particular mental and cultural barriers which persist in economic actors and in the general population.

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