Central American Common Market
GPTKB entity
Statements (44)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:Company
|
gptkbp:affiliatedWith |
gptkb:Central_American_Integration_System
gptkb:World_Trade_Organization gptkb:Inter-American_Development_Bank gptkb:Central_American_Bank_for_Economic_Integration |
gptkbp:challenges |
political instability
economic disparities infrastructure deficits external competition |
gptkbp:currency |
Central American peso
|
gptkbp:established |
Treaty of Managua
|
gptkbp:formed |
1960
|
gptkbp:future_plans |
sustainability initiatives
expansion of membership deeper economic integration increased collaboration with other regions |
gptkbp:goal |
economic integration
promote regional trade |
gptkbp:headquarters |
gptkb:Guatemala_City
|
gptkbp:historical_significance |
promoted peace and stability in the region
model for future integration efforts first regional integration effort in Central America |
https://www.w3.org/2000/01/rdf-schema#label |
Central American Common Market
|
gptkbp:impact |
job creation
increased foreign investment regional economic growth reduction of trade barriers |
gptkbp:internationalRelations |
free trade agreements
customs_union |
gptkbp:investmentFocus |
agriculture
manufacturing services |
gptkbp:members |
gptkb:Costa_Rica
gptkb:El_Salvador gptkb:Guatemala gptkb:Honduras gptkb:Nicaragua |
gptkbp:notableFeature |
harmonization of regulations
common external tariff |
gptkbp:officialLanguage |
gptkb:Spanish
|
gptkbp:operational_status |
over $10 billion annually
increased significantly since formation |
gptkbp:successor |
gptkb:Central_American_Integration_System
|
gptkbp:type |
trade bloc
|