Panama Incorporated to EU-CA Negotiation
The Central American countries, with the exception of Nicaragua, accepted the incorporation of Panama in the negotiation for an Association Agreement with the European Union.
Thursday, February 11, 2010
At a meeting in Panama, the chancellors of SICA countries (Central American Integration System) signed a document in which they acknowledge that the incorporation of Panama to the agreement will help increase the goods and services offered by the region.
In the proposal, dubbed "Five plus one", the country commits to making the necessary changes without economic integration with the region.
Commerce authorities from El Salvador, Guatemala, Nicaragua and Costa Rica decided to resume negotiations in September.
The European Union formally accepted the inclusion of Panama in the negotiations for an Association Agreement with Central America.
Next week in Costa Rica, the countries of the region will define their negotiation strategy with the European Union.
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