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Saturday, 07 October 2023 02:26

Deputies ratify the Free Trade Agreement between Mexico and Central America

Written by Leydin Sorto
Deputies ratify the Free Trade Agreement between Mexico and Central America

Several agreements between several nations in commercial, criminal and defense matters were ratified by the deputies of the Legislative Assembly in the 126th plenary session. Among these is the ratification with 70 votes of the "Free Trade Agreement between Mexico, Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua".

 

 

This treaty was agreed since 2012, but today it seeks to be able to execute public purchases to bid products with Mexico. Thus, it will be possible to increase the export rate, ensure the purchase of goods and services and promote medium and small businesses.

Ecommerce, Ventas Online, Ventas

According to Foreign Ministry reports, among the products to be exported to the North American nation are serums, since in 2022 El Salvador exported to Mexico around US$1.5 million to private establishments, while worldwide more than US$15 million is exported.

Tienda, En Línea, Comercio Electronico

This will open doors for salvadoran companies to participate in public procurement in Mexico, thus boosting their exports to new markets and boosting El Salvador's economy.

 

Translated by: A.M

Published in Economy
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