Central American Free Trade Pact Sealed
Mexico and five Central American nations, Nicaragua, El Salvador, Costa Rica, Honduras, and Guatemala have agreed to the signing of a new consolidated Free Trade Agreement, to unify existing bilateral arrangements under one pact.
Following negotiations which began in 2008 and concluded on November 22, 2011, Mexico and the five nations signed an agreement at the 13th summit of the Tuxtla Mechanism of Dialogue and Coordination on December 5 to give effect to the new accord.
