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LOCALTuesday 3 November 2015

In Relation to the Caribbean Region;

 Experts Emphasize Integration’s Potential as a Driver of Development

-During a seminar at          “The Potential of the Cen-      for Economic Integration       in 1991. With 56 million in-     In his speech, former Gua-
ECLAC, the lessons and        tral American Integra-          (CABEI).                       habitants in its eight mem-      temalan President Vinicio
challenges of the integra-    tion System (SICA) in Latin     In his speech, Hugo Beteta     ber countries, the SICA has      Cerezo explained how the
tion process carried out in   America and the Caribbe-        presented an overview of       become a strategic con-          Central American peace
Central America were ad-      an,” participants analyzed      the current economic and       tact point with other blocs,     process allowed for a re-
dressed.                      the lessons and challenges      social situation in Central    such as the Organization of      gional political decision—
                              that the Central American       America, which is marked       American States (OAS) and        “to put an end to the do-
ORANJESTAD/SANTIAGO -         integration experience has      by vulnerability to external   the Caribbean Community          mestic armed conflict”—
Integration is a basic com-   provided to the rest of the     shocks. He reminded that       (CARICOM), among others,         transformed into a relevant
ponent of productive trans-   Latin American and Carib-       even though 4% growth is       he highlighted.                  institution for all of Central
formation and of strategies   bean region.                    expected for this year, the    Alberto Cortés stressed the      America’s inhabitants: the
for growth with equality, as  The seminar was inaugurat-      social challenges continue     importance of the environ-       SICA. In this sense, the Es-
well as a necessary instru-   ed by Hugo Beteta, Direc-       to be imposing, consider-      mental variable in all Cen-      quipulas Agreements pro-
ment to promote countries’    tor of ECLAC’s Subregional      ing that one in every two      tral American projects and       vide important lessons for
development, authorities      Headquarters in Mexico,         Central Americans is poor      enumerated the challeng-         the whole region, he said.
and experts from various      who welcomed those in           and one in every four is in-   es that must be addressed,       “The story of the end of do-
nations agreed while gath-    attendance on behalf of         digent. “Integration must      such as the weakening of         mestic armed conflicts in
ered at the headquarters      the institution’s Executive     have a substantial role if we  the public sector and of the     Central America is a good
of the Economic Commis-       Secretary, Alicia Bárcena.      want the region to have its    State’s regulatory capacity      example of how integra-
sion for Latin America and    Also present at the open-       own voice on the world         as well as problems related      tion can work. We have
the Caribbean (ECLAC) in      ing session were Vinicio        stage. In that sense, the      to transparency, corruption      legal and representative
Santiago, Chile, during a     Cerezo, former President of     road traversed by Central      and safety that recently         institutions, and a develop-
high-level seminar.           Guatemala and President         America offers very impor-     surfaced and have under-         ment bank. All of this could
At the gathering entitled     of the Esquipulas Founda-       tant lessons,” Beteta said.    mined the credibility of in-     constitute a new develop-
                              tion; Víctor Manuel Valle, El   Ambassador Valle made          stitutions.                      ment model for the region
                              Salvador’s Ambassador to        a presentation in which        “This is a critical time to re-  (…) The potential that we
                              Chile in its role as holder of  he reviewed the main           think what can be done           Latin Americans have in
                              the SICA pro tempore presi-     milestones of the Central      with integration so that it      terms of taking action to-
                              dency; and Alberto Cortés,      American integration pro-      truly fuels economic growth      gether is truly impressive,”
                              Director for Costa Rica of      cess, which culminated in      in the region,” the CABEI        Cerezo said. More informa-
                              the Central American Bank       the creation of the SICA       representative stated.           tion at www.cepal.org.q
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