El Salvador: Proposal to Increase Exports  

The Exporters Corporation has created a plan to increase exports to $10 billion a year within five years.  

Monday, September 2, 2013

Entrepreneurs believe that if the correct measures are applied export earnings could double within five years. According to Pablo Duran, president of the Exporters Association of El Salvador (COEXPORT), the proposal gives potential annual growth of 20%.

The first point of the approach is competitiveness, according to COEXPORT companies must comply with international requirements such as certifications and registrations in the destination countries in relation to distribution and packaging. "We need to offer products that meet the safety and hygiene requirements, especially now that countries such as the U.S. through have increased the requirements through the FDA ... " said Duran.

The second focuses on conducting market intelligence. The Corporation in conjunction with a Spanish company is working on creating a publication in which entrepreneurs can export their products and find out about offers abroad. This project could be operational in late September with sectoral newsletters.

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