Commerce
in Central America
Wednesday, May 16, 2012
Five regulations signed by the COMIECO will facilitate trade within the region and minimize the cost of economic exchange.
The Council of Ministers of Economy (Comieco) agreed to sign 5 regulations to standardize the use of packaging and labels at the regional level, in order to facilitate trade and minimize costs of economic exchange in the isthmus, reported Agencia Guatemalteca de Noticias.
Tuesday, May 15, 2012
The agreement negotiated with the World Trade Organization obliges the entry of 880 tonnes, of which 130 will be imported from Costa Rica.
The 880 tonnes of pork will be sent to Panama between 17 July to 31 October this year as part of a regular tariff negotiated by World Trade Organization (WTO).
Thursday, May 10, 2012
The transportation of people and goods faces extraordinary problems passing through the customs post ‘Pedro de Alvarado’, between El Salvador and Guatemala.
Carriers are complaining about the customs authorities of both sides, because of the imposition of controls which are causing delays.
Wednesday, May 9, 2012
Representatives of the Competitiveness Initiative presented diagnostics and proposed solutions in education and business, infrastructure, procedures and access to markets and investments.
In the past eight years, El Salvador fell 43 places in the ranking of the World Economic Forum on Competitiveness. In 2011 it ranked 91 out of 142 countries, while in 2003 it was at position 43.
Tuesday, May 8, 2012
The two countries will seek to intensify their economic cooperation and explore business opportunities.
These issues were discussed at a meeting between the President of Panama, Ricardo Martinelli, and the Special Envoy for Latin America sent by the Prime Minister of Australia, Julia Gillard, Ambassador John McCarthy.
Monday, May 7, 2012
A study funded by FUNIDES says that despite the advantages of the system, the practice of commercial arbitration in the country is very limited.
A Statement from the Nicaraguan Foundation for Social and Economic Development reads:
Monday, April 23, 2012
Exports have performed very well in recent years, partly thanks to 11 trade agreements, but they are far from reaching their full potential and production of many goods lacks added value.
Nicaragua should not only increase the volume of its exports, but it should also diversify its range.
"The export matrix tells us that we are growing poorly. There is no point keeping on signing trade agreements if we do not have anything to sell.
Friday, April 20, 2012
More businessmen are considering setting up in industrial zones in the Panamanian province, where with an investment of $250,000 and two hectares of land they can install themselves in a free zone.
Law 32 of 5th April 2009 allows holders of an area of two hectares, plus an investment of $250,000, to establish free trade zones, which, according to several businesses, is a good option for a province under development, reports Prensa.com.
Wednesday, April 18, 2012
The Hispanic population exceeds 50 million and has a purchasing power of more than a trillion dollars.
The U.S. Hispanic population, a community of nearly 50 million people, is a real market potential that many U.S. companies (nor Central American companies) cannot ignore despite its preference for emerging markets.
Monday, April 16, 2012
Disinterest and a change of plans by organizers has forced Salvadoran authorities to cancel their participation in two events.
The Investment Promotion Agency (Proesa) of El Salvador had to cancel participation in two fairs planned for April.
Monday, April 16, 2012
The fair "Knowing the South: regional exchange of solutions," which aims to present solutions of the South-South Cooperation (SSC) on issues of social and sustainable development will take place from 8th to 10th May in Panama.
From a press release from the United Nations Program for Development:
In recent years the region has advanced in a process of political, economic, social and cultural development.
Monday, April 16, 2012
Employers in Peru and Costa Rica will explore potential business in the areas of food, clothing, cosmetics, foodstuffs, lubricants and paints.
Businesses can not wait, and even though a free trade agreement with Peru is still passes through the bureaucratic cliques of the Legislative Assembly of the Central American country, Peruvian entrepreneurs have taken the initiative and organized a business meeting with colleagues from Costa Rica.
Wednesday, March 28, 2012
As of January 3rd, 2012 the Salvadoran Chamber of Commerce of Quebec was established with the Federal Government of Canada, and will be officially launched today.
In the statement the Consul General of El Salvador in Montreal, Veronica Pichinte said that "the active participation of Salvadorans through such initiatives helps us gain space in Quebec in the strategic area of investment and business, but it is also a very important step in the consolidation of the organization of the Salvadoran community in this province. "
Monday, March 26, 2012
Still to be agreed are the treatment of dairy products, meat, coffee and corn, and especially customs policies for goods coming from the Colon Free Zone to Colombia.
The interest expressed by the governments of Colombia and Panama in restarting negotiations for an FTA has created expectations among businessmen from both sides.
Monday, March 26, 2012
There were more than 10,200 business contacts, and within the Business Center at EXPOCOMER, 4,654 business appointments took place.
A statement from the Chamber of Commerce, Industries and Agriculture of Panama mentions some of the highlights of EXPOCOMER 2012:
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