In September 1983, mediated by the Contadora group, the foreign ministers of the Central American countries adopted a Document of Objectives in Panama City.
The Contadora Act was tentatively approved by the Central American presidents, but did not gain the crucial backing of the United States due to its de facto recognition of the government of Nicaragua.
A revised version of the accord failed to assuage the objections raised and was finally laid to rest with its formal rejection by Costa Rica, El Salvador and Honduras in June 1986.
[1] While the Contadora group ultimately failed to establish a credible peace formula with the backing of all regional governments, it did lay the foundations for such a plan to emerge in subsequent years.
Under the leadership of Costa Rican president Óscar Arias, the so-called Esquipulas Peace Agreement emerged from the remains of Contadora in 1986 and led to a fundamental reshaping of Central American politics.