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Central American Program of Economic Integration

Published online by Cambridge University Press:  22 May 2009

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Extract

At Managua, Nicaragua, on December 13, 1960, the governments of Guatemala, El Salvador, Honduras, and Nicaragua signed the General Treaty, the basic treaty of the Central American Program of Economic Integration (CAPEI), often referred to as the Central American Common Market (CACM). Also signed at the same time were the Agreement establishing the Central American Bank for Economic Integration and the Protocol to the Central American Agreement on the Equalization of Import Duties and Charges. Sixteen months later the government of Costa Rica acceded to the three agreements.

Type
International Organizations: Summary of Activities: III. Political and Regional Organizations
Information
International Organization , Volume 18 , Issue 3 , Summer 1964 , pp. 632 - 634
Copyright
Copyright © The IO Foundation 1964

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References

1 Economic Commission for Latin America (ECLA), Report of the Central American Economic Cooperation Committee [seventh session] (New York: United Nations, 1961)Google Scholar . (UN Document E/GN.12/552.) The texts of these three agreements are contained as Annexes to the report.

2 ECLA, Report of the Central American Economic Cooperation Committee [eighth session] (New York: United Nations, 1964)Google Scholar. (UN Document E/CN.12/672.)

3 UN Document E/CN.12/672, pp. 6–15. The report of this UN body is summarized in this section because the Committee has had prime responsibility for the development of Central American economic integration. The report of the Committee's seventh session is contained in UN Document E/CN.12/552.

4 For text of the Protocol, see UN Document E/CN.12/672, Annexes.

5 Ibid.

6 The Chase Manhattan Bank, Latin American Business Highlights, First Quarter 1964 (Vol. 14, No. 1), pp. 11–13Google Scholar.

7 The New York Times, February 27, 1964.

8 The Chase Manhattan Bank, op. cit., p. 12Google Scholar.