El Salvador: Simplifying Foreign Trade

The Central Reserve Bank will be responsible for the paperwork.

Thursday, September 30, 2010

The Center for International Trade Procedures (Centrac) was created to streamline export and import procedures .

According to Deputy Minister of Economy, Mario Roger Hernandez, in an interview by Elmundo.com.sv: "This is the first step to create a single foreign trade office. What we want is to unify all these foreign trade operations in order to be more efficient and reduce transaction costs for exports and imports."



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III Meeting of InterAmerican Single Foreign Trade Windows

May 2013

On 20 and 21 May, representatives from more than 20 countries in America will discuss in El Salvador the features of this tool and its influence on foreign trade.

From a press release issued by the Ministry of Economy in El Salvador:

El Salvador has been selected as the site to host the Third Meeting of Single Foreign Trade Windows, an event that is sponsored by the Inter-American Development Bank and will be attended by representatives from 27 countries of Latin.

Electronic System for Import and Export Procedures

September 2011

A dedicated electronic processing desk for exports and imports in El Salvador (CIEX) is now connected to the local customs offices and those of Honduras, Guatemala and Nicaragua.

Costa Rica will be added soon.

Cornelio Deras, director of the Center for Import and Export Procedures (CIEX), noted that the technology they are using allows them to connect to any country with whom they have a free trade agreement or a commercial interest. Also planned is an interconnection with Mexican customs, as soon as readjusted FTA is signed.

Single Window for Foreign Trade in Guatemala

February 2011

The National Competitiveness Program (Pronacom), proposes the creation of a single window to handle all the procedures required to import or export goods or services.

Richard Pennington, director of PRONACOM, said the single window will unify many procedures related to exports and imports, effectively streamlining trade.

El Salvador: Single Window for Imports

February 2011

The Central Reserve Bank (BCR) enabled the One-Stop Import procedure.

The new service is part of the Integrated Center for Import and Export (CIEX), which now allows importers to authorize documents prior to importing.

"The creation of CIEX is part of the measures the government has taken to 'compensate' the withdrawal of the 6% benefit to exporters ...

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