Calls for True Free Trade in Central AmericaThe 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.Thursday, February 2, 2012 "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. Source: laprensa.com.ni Region Loses $900 million a Year to Organized CrimeFebruary 2012 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. Central American Industry Demands Improvements in TradeApril 2012 The Federation of Chambers and Industry Associations of Central America and the Dominican Republic are demanding that governments provide efficient management and eliminate obstacles to the movement of goods. Regional Business Sector Rejects Trade BlockJune 2009 The regional business sector rejected SICA’s decision to block trade with Honduras because it would affect all the economies of the region. Panama Soon to Join SIECAMay 2012 Panama's accession will be formalized in late June and will accelerate the elimination of tariffs and facilitate regional trade. |
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