** Central American Bank for Economic Integration **

(BCIE) note - acronym from Banco Centroamericano de Integracion Economico

established - 13 December 1960 signature of Articles of Agreement; 31 May 1961 began operations

aim - to promote economic integration and development

members - (5) Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua

nonregional members - (4) Argentina, Colombia, Mexico, Taiwan

** Central American Common Market (CACM) **

established - 13 December 1960, collapsed in 1969, reinstated in 1991

aim - to promote establishment of a Central American Common Market

members - (5) Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua;