Transcript Slide 1

SICA countries
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Brussels, Septembre 2012
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LOCATION
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HISTORY
1492
1821
1951
ODECA ¹
1991
SICA³
MCCA ²
1.
Treaty for the Creation of the Central American States Organization (ODECA).
Best known as “Carta de San Salvador”. Signed in El Salvador on October, 1951.
2.
Created by the General Treaty for the Central American Economic integration.
Signed in Managua, Nicaragua on December 13th, 1960.
3.
Created by the Protocol of Tegucigalpa. Signed in Honduras on December 13th, 1991.
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THE CENTRAL AMERICAN INTEGRATION SYSTEM
SICA
Central American integration dates back to 1951 when the
Organization of Central American States (ODECA) was
founded. This was followed by the creation of the Central
American Common Market (MCCA), the Central American
Bank for Economic Integration (BCIE), and the Secretariat
for Central American Economic Integration (SIECA) in 1960.
In 1973, ODECA was suspended and progress in regional integration came to a
standstill. Some 20 years later, in 1993, a new integration framework, the
Central American Integration System (SICA), came into existence. SICA is
made up of three Community Organs, the Central American Court of Justice
(CCJ), the Central American Parliament (PARLACEN), and the Secretariat
General of the Central American Integration System (SG-SICA).
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THE ADHESION PROCESS TO SICA
El Salvador, June 5th, 1992.
Honduras, June 8th, 1992.
Nicaragua, July 4th, 1992.
Guatemala, August 3rd, 1993.
Costa Rica, June 26th, 1995.
Panama, March 20th, 1996.
Belize, November 27th. 2000.
Dominican Republic, December 10th, 2003.
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THE ADHESION PROCESS TO SICA
El Salvador, June 5th, 1992.
Honduras, June 8th, 1992.
Nicaragua, July 4th, 1992.
Guatemala, August 3rd, 1993.
Costa Rica, June 26th, 1995.
Panama, March 20th, 1996.
Belize, November 27th. 2000.
Dominican Republic, December 10th, 2003.
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THE ADHESION PROCESS TO SICA
El Salvador, June 5th, 1992.
Honduras, June 8th, 1992.
Nicaragua, July 4th, 1992.
Guatemala, August 3rd, 1993.
Costa Rica, June 26th, 1995.
Panama, March 20th, 1996.
Belize, November 27th. 2000.
Dominican Republic, December 10th, 2003.
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THE ADHESION PROCESS TO SICA
El Salvador, June 5th, 1992.
Honduras, June 8th, 1992.
Nicaragua, July 4th, 1992.
Guatemala, August 3rd, 1993.
Costa Rica, June 26th, 1995.
Panama, March 20th, 1996.
Belize, November 27th. 2000.
Dominican Republic, December 10th, 2003.
OPEN FOR BUSINESS, OPEN FOR TRADE, OPEN FOR INVESTMENT
THE ADHESION PROCESS TO SICA
El Salvador, June 5th, 1992.
Honduras, June 8th, 1992.
Nicaragua, July 4th, 1992.
Guatemala, August 3rd, 1993.
Costa Rica, June 26th, 1995.
Panama, March 20th, 1996.
Belize, November 27th. 2000.
Dominican Republic, December 10th, 2003.
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THE ADHESION PROCESS TO SICA
El Salvador, June 5th, 1992.
Honduras, June 8th, 1992.
Nicaragua, July 4th, 1992.
Guatemala, August 3rd, 1993.
Costa Rica, June 26th, 1995.
Panama, March 20th, 1996.
Belize, November 27th. 2000.
Dominican Republic, December 10th, 2003.
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THE ADHESION PROCESS TO SICA
El Salvador, June 5th, 1992.
Honduras, June 8th, 1992.
Nicaragua, July 4th, 1992.
Guatemala, August 3rd, 1993.
Costa Rica, June 26th, 1995.
Panama, March 20th, 1996.
Belize, November 27th. 2000.
Dominican Republic, December 10th, 2003.
OPEN FOR BUSINESS, OPEN FOR TRADE, OPEN FOR INVESTMENT
THE ADHESION PROCESS TO SICA
El Salvador, June 5th, 1992.
Honduras, June 8th, 1992.
Nicaragua, July 4th, 1992.
Guatemala, August 3rd, 1993.
Costa Rica, June 26th, 1995.
Panama, March 20th, 1996.
Belize, November 27th. 2000.
Dominican Republic, December 10th, 2003.
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SICA’S TRADE STRATEGY
Central American
Customs Union
Bilateral
Agreements
DR-CAFTA
CA–UE Association
Agreement
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“
Recalling the common strategic objective of the Guadalajara Declaration
and taking into account the positive outcome of the joint assessment
exercise on regional economic integration carried out with Central America,
we welcome the decision taken by the European Union and Central America
to launch negotiations for an Association Agreement, including the
establishment of a Free Trade Area. ”
Vienna Declaration, May 2006.
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SICA COUNTRIES
•Demographic facts
•The size of the market
•SICA trade partners
•A world to discover
Association Agreement Central
America – European Union
• Negotiations started in October 2007 in Costa Rica and
concluded in Madrid in may 2010.
• Panama integrated fully into the negotiation process in
January 2010.
• The Association Agreement was rubricated in Brussels on
march 2011 by Central American Ambassador in
Brussels.
• The College of Commissioners adopts the signing
proposal and provisional application of the trade pillar and
completion of the Association Agreement.
(Taken from internal presentation
Embassy of Costa Rica in Brussels)
Association Agreement Central
America-EU
• The Association Agreement between Central America and the
EU was signed on 29 june 2012, during the XXXIX Meeting of
Heads of State and Government of Central America in
Tegucigalpa, Honduras
• It is the first region to region agreement.
• The agreements needs to be submitted to the pertinent
legislative bodies in both regions for its entry into force.
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•Demographic facts
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POPULATION
2012
53.3 millions
inhabitants
Sources: World Development Indicators Database World Bank
(2011) and World Development Report (2012)
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•The size of the market
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AREA
559,130 kms²
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SIZE OF THE MARKET*
(Billions of US Dollars)
72
74
84
98
109
112
127
183
DOMINICAN REPUBLIC
GUATEMALA
COSTA RICA
EL SALVADOR
PANAMA
HONDURAS
NICARAGUA
BELIZE
SICA COUNTRIES
*for comparative purposes figures are in PPP
Source: 2006 World Bank’s Facts & Statistics.
73.74
60.57
48.77
33.20
25.29
22.13
16.83
2.30
282.84
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SICA countries
2006 Gross Domestic Product
US$282.84 billion*
Source: World Bank (2006)
GDP GROWTH RATE: 8.87%
World Bank’s Ranking of the
biggest economies*:
34 EGYPT
35 MALASYA
36 SWEEDEN
328.80
308.80
285.10
37 SICA COUNTRIES 282.84
39 VIETNAM
258.60
52 VENEZUELA
58 SINGAPORE
176.40
138.60
*for comparative purposes
figures are in PPP
Source: 2006 World Bank’s Facts & Statistics.
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•SICA trade
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2006 SICA TRADE BALANCE
(billions of US Dollars)
IMPORTS
EXPORTS
$50.2 billion
$31.5 billion
SICA foreign trade: $81.7 billion
(X+M) / GDP : 74.3%
EU: 20.4% - USA: 21.3%
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2006 SICA – EU
TRADE BALANCE
(billions of US Dollars)
IMPORTS
EXPORTS
$3.99 billion
$2.56 billion
SICA – EU TRADE: $6.55 billion
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2006 SICA – BEL/LUX
TRADE BALANCE
(Millions of US Dollars)
IMPORTS
EXPORTS
$228.13 Million
$353.47 Million
SICA – BEL/LUX TRADE: $581.6 Million
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2006 : Top Imports from the EU
(First ten chapters)
1
2
3
4
5
6
7
8
9
10
11
Electronic devices
Machinery
Pharmaceuticals
Mineral fuels
Chemicals
Vehicles and transportation
Iron and steel
Plastics and/or plastic manufactures
Precision devices
Paper, carton and celulose
Fertilizers and pesticides
$900.5
$410.7
$255.9
$239.3
$198.2
$173.7
$107.2
$92.2
$86.1
$83.7
$83.7
in millions of US Dollars - Source: 2007 SIECA TRADE STATISTICS
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2006 : Top Exports to the EU
1
2
3
4
5
6
7
8
9
10
Coffee
Tropical Fruits
Electronics and microchips
Flowers and green plants
Fisheries
Processed tropical foods
Precision and medical instruments
Beef and canned foods
Minerals
Mineral fuels
in millions of US Dollars - Source: 2007 SIECA TRADE STATISTICS
$704.6
$605.4
$320.7
$109.1
$97.9
$95.8
$54.3
$48.9
$42.7
$40.4
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•A world to discover
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2006: VISITORS TO OUR COUNTRIES
13,058,583
Sources: DITUR/ SG-SICA. & Dom. Republic Tourism Office. 2006
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2006:
REVENUES
GENARATED
BY TOURISM:
$9,89
Billions
Sources: DITUR/ SG-SICA. & Dom. Republic Tourism Office. 2006
Thank you