More

    Nicaragua President Daniel Ortega to head up Central American Integration System

    Must Read

    TCRN STAFFhttp://www.TheCostaRicaNews.com
    Like you, we are tired of corporate media that is politically driven and one sided. So we decided to focus on news that’s important to people. We’re Creating a Conscious alternative news network that we feel the world needs and we need your help! We can’t do this without you! Support news and media that matters and that can help change our world!

    Nicaragua President Daniel Ortega was confirmed as the new (but temporary) President of Central American Integration System (SICA).

    The 39th summit will be commencing June 29th, 2012 in Tegucigalpa, Honduras.

    What is SICA?

    Central American Integration System (SICA) is the economic, cultural and political organization of Central American states, to establish cooperation in search for regional peace, political freedom, democracy and economic development. The headquarters of SICA are located in the Republic of El Salvador.

    Guatemala, El Salvador, Honduras, and Nicaragua, have formed a group called The Central America Four or CA-4, which has introduced common internal border policies and Belize, Costa Rica, Panama and Dominican Republic also work with the CA-4 but only on economic integration issues.

    Some of the interesting prospects SICA puts forward:

    A Central American Currency Union – this effort is highly improbable, dollarization is more likely. Governmental compliance, establishment of a regional bank, resource availability, all makes this prospect a non starter.

    Central American Parliament is a modern renewal of Federal Republic of Central America which existed in the mid 1800’s. Most of these projects efforts are focus on negating conflict in the region such as the Esquipulas Peace Agreement. Costa Rica has a history of promoting this effort but has not yet ratified and is consequently not represented.

    Central American Court if Justice (CCJ) mission is to promote peace between state members as well as offer consultation to regional Supreme Courts.

    The Costa Rica News (TCRN)
    San Jose Costa Rica

    Resonance Costa Rica
    At Resonance, we aspire to live in harmony with the natural world as a reflection of our gratitude for life. Visit and subscribe at Resonance Costa Rica Youtube Channel https://youtube.com/@resonanceCR
    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    Making the Best Real Estate Investment in Costa Rica

    Costa Rica is one of the most popular destinations for real estate investment in Central America. With its stable...

    More Articles Like This

    Language »