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Central America
Central America (Spanish: América Central or Centroamérica) is the central geographic region of the Americas. It is the southernmost, isthmian portion of the North American continent, which connects with South America on the southeast. Central America consists of the republics of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Central America is part of the Mesoamerican biodiversity hotspot, which extends from Northern Guatemala through central Panama.
Central America is currently undergoing a process of political, economic and cultural transformation that started in 1907 with the creation of the Central American Court of Justice. In 1951 the integration process continued with the signature of the San Salvador Treaty, which created the ODECA, the Organization of Central American States. However, the unity of the ODECA was limited by conflicts between several member states.
Central America is currently undergoing a process of political, economic and cultural transformation that started in 1907 with the creation of the Central American Court of Justice. In 1951 the integration process continued with the signature of the San Salvador Treaty, which created the ODECA, the Organization of Central American States. However, the unity of the ODECA was limited by conflicts between several member states.
In 1991, the integration agenda was further advanced by the creation of the SICA, Sistema para la Integración Centroamericana or System for the Central American Integration. The SICA provided a clear legal basis to avoid disputes between the member states. The SICA membership includes the 7 nations of Central America plus the Dominican Republic, a state that is part of the Caribbean.
On December 6, 2008 SICA announced an agreement to pursue a common currency and common passport for the member nations. No timeline for implementation was discussed.
Central America already has several supranational institutions such as the Central American Parliament, the Central American Bank for Economic Integration and the Central American Common Market.
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