The Corporation of Salvadoran Exporters (Coexport), the organization that is promoting the project in the country, aims to train SMEs in the technical requirements of exporting.
La Prensa Grafica of El Salvador published: "The project is financed by the Inter-American Development Bank (IDB), with a contribution of $3.8 million which includes the entire region and seeks development in three areas: technical assistance, financing and training."
The loan will benefit more than 1,000 producers by providing access to co-financing for enhancing trade capacity.
A press release by Inter-American Development Bank (IDB) states:
The Inter-American Development Bank (IDB) has approved a loan of U.S. $30 million to El Salvador for the program of Development Support Production for International Integration, which will increase the ability of micro, small and medium enterprises (MSMEs) to participate in national, regional and global value chains.
The guide is intended for Central American Small and Medium Enterprises interested in knowing how to export to the European Union.
It includes step-by-step information on export strategies, financial and legislative considerations, customs procedures, storage and transportation specifications and tariffs and taxes. It will available online at www.sica.int/cenpromype.
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