CENTRAL AMERICAN COMMON MARKET

Public Administration

Source: compiled by the editor from various references; see credits.

Synonym: CENTRAL AMERICAN COMMON MARKET

Economic History

Guatemala

Tariffs are based on the Common Duty System (SAC) of the Central American Common Market (CACM). (references)

Guatemala

Major markets--U.S. 34%, Central American Common Market (CACM) 32%. Imports--$4.6 billion: fuels and lubricants, industrial machinery, motor vehicles, iron, and steel. (references)

Nicaragua

Markets--U.S. 43%, European Union 33%, Central American Common Market (CACM) 17%, Mexico 2%. Imports--$1.7 billion (f.o.b. 2001): petroleum, agricultural supplies, manufactured goods. (references)

Political Economy

EL SALVADOR

The country is a member of the Central American Common Market. (references)

HONDURAS

Honduras is a member of the Central American Common Market, which includes Costa Rica, El Salvador, Nicaragua and Guatemala. (references)

PANAMA

In May 2001, Panama and the Central American Common Market (CACM) agreed on a common text and format for a Free Trade Agreement. (references)

Trade

Guatemala

The Government of Guatemala applies the Common External Tariff schedule of the Central American Common Market (CACM) to almost all agricultural and industrial goods. (references)

Costa Rica

Costa Rica has a bilateral Free Trade Agreement with Mexico and is a member of the Central American Common Market (CACM) with El Salvador, Guatemala, Honduras, and Nicaragua. (references)

Honduras

In 1995, Honduras and other Central American Common Market (CACM) members agreed to work toward the full implementation of a common external tariff (CET) ranging between 0 and 15 percent for most products, but allowing each country to determine the timing of the changes. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

Dutch

Centraal-Amerikaanse Gemeenschappelijke Markt. (various references)

French

MCAC, Marché commun d'Amérique centrale, Marché commun Centre-américain, Marché commun centraméricain, M.C.C.A.. (various references)

German

Central American Common Market, Zentralamerikanischer Gemeinsamer Markt.. (various references)

Italian

Mercato Comune Centroamericano (CACM, CACOM), MCCA (CACM, CACOM). (various references)

Pig Latin

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Portuguese

Mercado Comum Centro-Americano (CACM, CACOM), MCCA (CACM, CACOM). (various references)

Spanish

MERCOMUN (CACM, CACOM), MERCOCA (CACM, CACOM), Mercado Común Centroamericano (CACM, CACOM), MCCA (CACM, CACOM). (various references)