Central American Report No. 1 (2000)
The Central American Common Market (CACM) comprises Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua, the signatories of the General Treaty on Economic Integration in 1960. The basic pattern of economic integration in Central America was based on a free trade area, with a common external tariff and standardized customs rules, a preferential payments system that operated until the start of the 1980s, and a scheme for the subregional coordination of economic policy. This annual report aims to facilitate access to information for a broad potential readership interested in the Central American integration process. It offers an overview of the macroeconomy in the subregion, an analysis of trade flows in the subregion, investment flows in the subregion, access conditions and other aspects of the Central American common market, and finally , other relevant issues for Central American integration.