<P> Until recently, all Central American countries have maintained diplomatic relations with Taiwan instead of China . President Óscar Arias of Costa Rica, however, established diplomatic relations with China in 2007, severing formal diplomatic ties with Taiwan . After breaking off relations with the Republic of China in 2017, Panama established diplomatic relations with the People's Republic of China . </P> <P> The Central American Parliament (also known as PARLACEN) is a political and parliamentary body of SICA . The parliament started around 1980, and its primary goal was to resolve conflicts in Nicaragua, Guatemala, and El Salvador . Although the group was disbanded in 1986, ideas of unity of Central Americans still remained, so a treaty was signed in 1987 to create the Central American Parliament and other political bodies . Its original members were Guatemala, El Salvador, Nicaragua and Honduras . The parliament is the political organ of Central America, and is part of SICA . New members have since then joined including Panama and the Dominican Republic . Costa Rica is not a member State of the Central American Parliament and its adhesion remains as a very unpopular topic at all levels of the Costa Rican society due to existing strong political criticism towards the regional parliament, since it is regarded by Costa Rican as a menace to democratic accountability and effectiveness of integration efforts . Excessively high salaries for its members, legal immunity of jurisdiction from any member State, corruption, lack of a binding nature and effectiveness of the regional parliament's decisions, high operative costs and immediate membership of Central American Presidents once they leave their office and presidential terms, are the most common reasons invoked by Costa Ricans against the Central American Parliament . </P> <P> Signed in 2004, the Central American Free Trade Agreement (CAFTA) is an agreement between the United States, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic . The treaty is aimed at promoting free trade among its members . </P> <P> Guatemala has the largest economy in the region . Its main exports are coffee, sugar, bananas, petroleum, clothing, and cardamom . Of its 10.29 billion dollar annual exports, 40.2% go to the United States, 11.1% to neighboring El Salvador, 8% to Honduras, 5.5% to Mexico, 4.7% to Nicaragua, and 4.3% to Costa Rica . </P>

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