A. M. 
The president of the Corporación de Exportadores de El Salvador (COEXPORT) assured this thursday that the country is facing a strategic opportunity to strengthen its commercial relationship with the United States, after progress in the negotiations led by the Ministry of Economy to reduce tariffs and improve the conditions of access to the US market.
In a recent interview, the union representative explained that currently 31% of all external sales from El Salvador are directed to the United States, a figure that previously reached 40%, but which was reduced mainly due to the decline in the maquila sector. However, he stated that the new agreement would allow that volume to be recovered and even expand it.
“With this we could resume that level of exports… and not only that, but also attract greater investment from the United States, which is essential”, he expressed.
The president of COEXPORT also highlighted that El Salvador is well positioned to take advantage of the global nearshoring trend, since its geographical proximity, macroeconomic stability, and the search for new business partners by American companies make the country an attractive destination.
“We have that opportunity. They are looking for other trading partners and we are a very strong one”, he said, emphasizing that the country must capitalize on this moment to increase its competitiveness and expand its export base.
The union leader announced that the issue will continue to be a central part of the national economic debate, given the impact it could have both on job creation and on attracting new investments.
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