The History of CACM By jvcn Jan 1, 1960 Creation of the Treaty Jun 4, 1961 The traty come into force for El Salvador,Guatemala&Nicaragua Apr 27, 1962 the treaty entered come force for Honduras Sep 23, 1963 The treaty come into force for Costa Rica Jan 1, 1965 A uniform tariff was introduced Jan 1, 1970 98%of the CACM customs items were given FT status Period: Jan 1, 1970 to Dec 31, 1989 Intraregional CACM trade declined Jan 1, 1982 The GDP of CACM countries fell due to budget deficits & inflation Jan 1, 1985 The economic agreement with the European Community failed Jan 1, 1990 The revival of the organization
