Salvadoran Exporters Request Credit Insurance

Exporting companies from El Salvador are demanding an integral exports policy from the Government.

Monday, August 3, 2009

According to the Corporation of Exporting Companies, known as COEXPORT, the most important items of such policy should be a financial guarantee fund and credit insurance.

Silvia Cuéllar, head of Coexport, detailed both financial instruments to "Credit insurance will be a guarantee for exporters having problems with their products, and the guarantee fund will provide greater protection for the entrepreneur".

To assure the financing of the sector, exporters are suggesting the creation of a "specialized fund in the Multi Sector Investment Bank (BMI)".

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Guarantee Fund for Salvadoran Exports

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Salvadoran Exporters Gather at CIFCO

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The “Learning to Export” event is organized by the Corporation of Exporting Companies, known as COEXPORT.

The gathering will take place on 15 July at the CIFCO International Conference Center and is the first of its kind organized by COEXPORT.

Silvia Cuéllar, the corporation’s director general, commented to that, “it is important to underline that never before has an event of this kind been held in El Salvador and it will not be the last”.

Costa Rican Exporters Demand Action from Government

December 2009

The Chamber of Exporters demanded the next administration greater commitment with the exporting sector.

"An example: the Free Zone Law. We know it will provide greater security for companies and attract more investment. However, it is useless to have a law which favors the most vulnerable or unprotected areas, if we don't have the required infrastructure, staff and telecommunications", stated Mónica Araya, president of the Chamber of Exporters.

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Inversiones y Desarrollos, S.A.

Represents the Company RTS INTERNATIONAL, Inc. of Kansas Cyty, TX, USA, for the territory of Guatemala and Central America. RTS finance exports through Factoring system.
Operates in Guatemala
Phone: (502) 2369 5408 - (502) 5709 2986

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