Of the 703 products surveyed by the Consumer Ombudsman in El Salvador 75% do not meet the standards set by the law.
This was announced by the chief of the institution, Yanci Urbina, during the first national Codex Alimentarius congress. Some 3,123 products were submitted to analysis, 457 were submitted for safety and 69% breached at least one technical standard or standard under the Consumer Protection Act. Furthermore, with regards to net content, 85% of the 1,963 did not complying with the standards.
The strategies for El Salvador to enter into Petrocaribe include the creation of a state run company for importing and marketing petroleum products.
Elmundo.com.sv reports that "José Luis Merino , FMLN leader and senior advisor to Alba Petroleos in El Salvador, says the party does not have an agreement model to join Petrocaribe, in the case that they win the presidential election next year. "
A draft law on Secured Transactions has been presented in the Legislative Assembly, which gives MSMEs greater access to commercial credit.
The Minister of Economy, Armando Flores and the Deputy Minister of Trade and Industry, Francisco Lazo presented today, Monday, January 7, to the President of the Legislative Assembly, Sigfrido Reyes, a draft law on Secured Transactions with which it is intended that the micro , small and medium enterprises (MSMEs) will have greater access to commercial credit through collateral.
The International Services Act, which created the environment for the arrival of foreign banks, free zones and call centers, will be modernized.
The government of El Salvador is preparing amendments to the Law on International Services, which in its time allowed a multiplication of foreign investment in the financial, telecommunications and the maquila sector among others.
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