Costa Rica, Panama first to take advantage of new Association Agreement with Europe
- by crv.staff
- 08.09.10
- 8:37 AM UTC
- Filed in Costa Rica
Source : Tico Times
By : Chrissie Long
A joint project between Panama and Costa Rica marks the first product of the European Union-Central America Association Agreement, an aid and trade accord between the regions signed in May.
Announced at a meeting of the Central American Integration System (SICA) in Guatemala last week, the project with Panama aims to strengthen border security, promote greater connectivity and facilitate integrated management and information sharing in border areas.
The €5.5 million ($7 million) initiative will be funded primarily by the European Union and is the first project between SICA and the EU, according to the Costa Rican Foreign Ministry.
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