Central America Negotiates New Trade Deal

The round of negotiations will take place between February 27th and March 1st.

Efta members are Switzerland, Iceland, Liechtenstein and Norway, all countries outside the European Union.

Maria Luisa Flores, Vice Minister of Economy in Guatemala, said the main objective is to develop a market for that continent, after negotiating with the European Union, according to an article in PrensaLibre.com.

Source: prensalibre.com

More on this topic

Region Seeks FTA with Switzerland, Norway, Iceland and Liechtenstein

April 2011

These four countries comprise the European Free Trade Association (EFTA) with which Central American countries have begun negotiations toward a free trade agreement (FTA)

In an event hosted by Panama, the Central American countries met with representatives of EFTA to exchange information on trade policy and other subjects as a first step toward an eventual free trade agreement.

FTA between EFTA and Central America

November 2011

The European Free Trade Association (EFTA), comprising of Switzerland, Norway, Iceland and Liechtenstein, will negotiate a free trade agreement with Costa Rica, Honduras and Panama.

The announcement was made by the Swiss Minister of Economics, who said that EFTA member states agreed on the need to deepen relations with Central American states.

Panama To Negotiate New FTAs

September 2009

Authorities announced their intent of negotiating FTAs with Norway, Iceland, Switzerland, and the Principality of Liechtenstein.

These potential new Free Trade Agreements are good news for the Association of Panamanian Exporters. Their president, Máximo Gallardo, argues that this could be their way of entering the European market.

Negotiations Between EFTA Countries and Panama Begin

November 2011

The European Free Trade Association (EFTA) has agreed to negotiate a trade agreement with Panama.

A press release from the Ministry of Commerce and Industry (MICI) states:

The chief secretary of the MICI, Roberto Henriquez, explained that the first phase of negotiations involves the parties signing a Joint Declaration for Cooperation.