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Banner Revista de la CEPAL 2012
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  • Relations between CARICOM and Central America and the Dominican Republic: A window of opportunity for trade and investment

  • Bruno Antunes, Martha Cordero y Patricia Rodríguez de CEPAL, y Gisela Vergara y Mariette Vidal de la OAS
  • 2012
  • Signatura:LC/MEXL.1057
  • 62 pp.
  • Documentos de proyecto
  • CEPAL
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Resumen

FOREWORD

  This publication represents a contribution by the Economic Commission for Latin America and the Caribbean (ECLAC) and the Organization of American States (OAS) to an analysis of the potential and the opportunities for trade, investment, and strategic partnerships between Central America, the Dominican Republic, and the Caribbean.In October 2011 the OAS and FUNGLODE hosted a forum on "Economic Perspectives and Challenges for Central America and the Caribbean in the Global Economy" in Santo Domingo, the Dominican Republic, where President Leonel Fernández and OAS Assistant Secretary-General Albert Ramdin asked for the support of ECLAC in conducting a study of the potential and the challenges for fostering trade and investment between Central American and Caribbean countries.This initiative expresses the spirit resulting from the meeting, in August 2011, of the Heads of State and Government of the Central American Integration System (SICA, for its acronym in Spanish) and the Caribbean Community (CARICOM) that met in San Salvador, El Salvador, to launch a new era of cooperation between Central America and the Caribbean. The Government of El Salvador, serving at that time as pro tempore chair of SICA, suggested that SICA-CARICOM integration should be a priority, and it organized the third SICA-CARICOM Summit.Recognizing that only with greater integration can the two sub-regions address common challenges of such a scale as the global economic crisis, the OAS and the pro tempore SICA chair convened a SICA-CARICOM Meeting of CEOs with a view to boosting economic relations and promoting the creation of businesses, as well as fostering trade and investment.The challenge for both sub-regions is to promote economic diversification that will take account of their human potential, labour markets and institutional capacity for sustaining the conditions that are key to growth and prosperity in their societies.This study covers the 14 countries of CARICOM: Antigua and Barbuda, the Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, and Trinidad and Tobago. It also analyzes the countries of Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama) and the Dominican Republic, treating them as a single group under the denomination Central America and the Dominican Republic (CA&DR), in recognition of their similarity and their membership (or, in the case of the Dominican Republic, associate membership) in the Central American Integration System.ECLAC and the OAS are making this report available to governments and the general public in Latin America and the Caribbean as a way of demonstrating the importance of relations between the countries of the Caribbean and those of Central America. The organizations hope in this way to contribute to a better understanding of the advantages and challenges facing both sub-regions, and in particular to highlight the potential for achieving greater integration and creating better living conditions for their citizens.

Alicia Bárcena

Executive Secretary

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Economic Commission for Latin America and the Caribbean (ECLAC)

José Miguel Insulza

Secretary-General 

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Organization of American States (OAS)

Categorías

Comercio de bienes y servicios, Econometría, Inversión, Política comercial y acuerdos comerciales