Salvadoran Free Zones Export $ 2,069 Million
Foreign sales of companies under the free zone regime accounted for 50% of total exports in 2010.
Friday, January 28, 2011
Of the $4,097 million exported by the country from January to November 2010, free zones contributed $ 2,069 million.
The reactivation of the Comisión Aduanera de Zonas Francas (Customs Free Zone Comission) will speed up the processing of this sector's imports and exports.
Salvadoran business associations are calling for dialogue and rapid lifting of the strike in order to avoid generating further losses and a possible 'stagnation of exports'.
A private report has analyzed the contribution of the scheme to economic activity.
Such is the desire of Salvadoran textile businessmen, who hope to transform the country into a more attractive destination for foreign investment.
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