Tuesday, 16 August 2022 14:34

El Salvador and Honduras agree on actions to intensify commercial exchanges and investments

Written by Evelyn Alas

As part of the work agenda of the Vice Minister of Foreign Affairs, Adriana Mira, in Honduras, on August 12, she participated in a meeting with the executive secretary of the National Investment Council of the neighboring country, Jackie Foglia, in order to give renewed impetus to the economic relations between both nations.

In this regard, this space for dialogue was very useful to exchange information and identify opportunities to increase and diversify bilateral trade, as well as to promote investment in strategic areas.

As a result of the meeting, it was agreed that a specialized forum would be organized to attract capital interested in implementing business ideas with the highest possible productivity.

Likewise, trade missions will be carried out to provide first-hand knowledge of the exportable supply, the establishment of clients and suppliers, as well as an increase in the sales of products and services.

Honduras is currently El Salvador's second largest trading partner in the Central American region. According to data from the Banco Central de Reserva in 2021, sales were made in that market for a value of US$1,088 million.

Meanwhile, in terms of capital injection, this country ranks fifth in investment amounts in our territory, where they promote projects in the construction, vehicle distribution and financial services sectors.