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The Banco Central de Reserva (BCR) reported that the CIEX El Salvador single window system for foreign trade continues to streamline authorization processes for international trade transactions, strengthening the country’s export and import activity.
In may 2016, more than 14,700 exports and more than 18,000 imports were authorized through CIEX’s online systems, totaling more than 32,700 foreign trade transactions managed digitally during the month.
The BCR highlighted that these authorizations are carried out efficiently through the digital platform, which allows for processing transactions in approximately 37 seconds, reducing processing times for companies and users involved in foreign trade.
In economic terms, authorized exports reflect the dynamism of the national productive sector in international markets, while online imports demonstrate the constant flow of goods necessary for domestic consumption, industry, and commercial activity in the country.
In this way, the CIEX is consolidating itself as a key tool for facilitating foreign trade by streamlining authorization processes and contributing to the operations of both exporters and importers in El Salvador, according to the BCR.
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