CABEI donates building to the Central American Court of Justice

05/05/2022

The former CABEI building in Nicaragua will remain at the service of Central American integration.

Managua, May 5th, 2022.- Within the framework of the Corporate Social and Environmental Responsibility System (SASC), the Central American Bank for Economic Integration (CABEI) donated its former representative building in Nicaragua to the Central American Court of Justice (CCJ), which will strengthen the alliance between both entities and favor the strengthening of the Central American integration process.

This action will represent benefits for the development of the countries of the region, uniting efforts among all the institutions of the Central American Integration System (SICA) in order to contribute to achieve a regional system of welfare, economic and social justice for the Central American people.

"The Central American Court of Justice is the main and permanent judicial body of the Central American Integration System (SICA) and we are sure that these facilities will be of great benefit to develop and adequately visualize its important functions as a regional entity that within its competence guarantees respect for the law, both in the interpretation of the Tegucigalpa Protocol and its complementary instruments and acts derived from it," said CABEI's Executive President, Dr. Dante Mossi.

The Central American Integration System (SICA), is the institutional framework of the Central American Regional Integration, constituted by the States of Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama. As well as its full members Belize and the Dominican Republic. It also has a group of regional and extra regional observer countries.

Its objective is the integration of Central America, to make it a region of peace, freedom, democracy and development, based on the respect, protection and promotion of human rights. In this line, the Central American Court of Justice is the guarantor of respect for the treaties and protocols of SICA and has powers of interpretation, application and consultation of the provisions of the instruments governing the system, and settles disputes arising between member states.

The building is located in the Plaza España sector in Managua, Nicaragua, the seat of the Central American Court of Justice, and was inaugurated in 1996. It has a two-story structure with its respective offices, parking spaces, furniture, technological equipment, meeting rooms, fixed telephone coverage, basic services, among others.

It should be noted that the Central American Court of Justice (CCJ) is not only important for the Central American region, but also for the international community, as it was established as the first International Court of Justice with compulsory jurisdiction and for the first time consecrated the access of individuals to international courts.

CABEI's Executive President, Dr. Dante Mossi; CABEI Director for Nicaragua, Uriel López; CABEI Vice President, Jaime Díaz; Legal Affairs Advisor, Julio Martínez; Chief Country Officer in Nicaragua, Carlos De Castilla; and for the Central American Court of Justice, Magistrate President, Dr. Carlos Antonio Guerra Gallardo; and Magistrate Vice President, Dr. César Salazar Grande participated in the activity.

CABEI recently inaugurated its new facilities in Nicaragua, through which it will continue to execute projects and programs in favor of the sustainable development of the country and its citizens.

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