The first agreement, signed during initial negotiations between Cuban and Salvadoran businessmen, is the acceptance of principles and objectives which must be met during the negotiations of a Partial Agreement for the mutual granting of tariff preferences. With this agreement, Cuban and Salvadoran products may enter the markets easily and stimulate trade.
The second agreement was signed at noon on Tuesday, is titled Deepening Health Development and Technical Cooperation, aims to expand scientific exchange between Cuba and El Salvador, with the support of the Pan American Health Organization (PAHO).
A third agreement is called: Cooperation between the Ministries of Education for literacy and post-literacy.
The fourth agreement is called: Cultural Exchange and Cooperation, in which Cuba and El Salvador will increase substantially their relations between educational and publishing institutions.
Besides the four agreements that were signed today, final details of six more agreements are being worked out, which both governments have committed to sign within 60 days.
These new agreements are related to cooperation in tourism, air services, which will soon enable direct flights from San Salvador to La Habana.
On Monday September 19, 2011 the country signed a Partial Scope Agreement with the Republic of Cuba, to strengthen commercial ties between both nations.
A press release from the Ministry of Economy of El Salvador reads:
The Agreement was signed by the Minister of Economy of El Salvador, Hector Dada Hirezi and the First Deputy Minister of Foreign Trade of Cuba, Orlando Hernández Guillén, as representatives of each Republic and Deputy Minister of Cooperation for Development of El Salvador, Jaime Miranda, as witness of honor.
The Legislative Assembly of El Salvador has received the text of the FTA with Mexico and the trade agreement with Cuba for ratification.
From the press release by El Salvador’s Legislative Assembly:
The Ministers and members of the Board of the Legislative Assembly, today received from the Minister of Foreign Affairs, Hugo Martinez, and the Minister of Economy, Hector Dada Hirezi, the texts of the Partial Agreement with the Republic of Cuba and the Unified Free Trade Agreement (FTA) between Central America and Mexico.