Managua – Central American presidents are scheduled to meet on Wednesday in Nicaragua to discuss migration, a trade agreement with the European Union (EU) and other key regional issues.
The heads of state are expected to arrive in Managua at noon to open the 36th Summit of the Central American Integration System (SICA), which is presided over by Nicaraguan President Daniel Ortega.
Ortega, as SICA pro tempore chairman, will refer to issues that were tackled at the ministerial meeting held Tuesday.
According to Nicaraguan Deputy Foreign Minister Manuel Coronel, regional ministers of economy, finances and foreign affairs discussed the creation of a common fund to face asymmetries with the EU.
The conclusion will be presented to the heads of States attending the forum for its approval.
The meeting expects to create a fund that, according to the Managua proposal, must be of $78 billion USD.
The aim is that negotiating groups join efforts in trade issues during a meeting to be run in June in Honduras, sources from the sector stated.
The Central American bloc expects to conclude an accord with the EU in July.
In a recent statements, Ortega has advocated for solving migratory problems of hundreds of Central American residents in the United States, an issue focused in the last forum of SICA.
The swine flu epidemic will be also discussed, after regional health ministers analyzed the problem and advocated for joining forces and increase preventive actions.
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