Following the path chosen by its neighbors Panama and Costa Rica, the Salvadoran government has announced the opening of diplomatic relations with China and a rupture with Taiwan.
Reactions to the announcement by President Salvador Sánchez Cerén did not take long.The US government expressed its opposition, stating that the decision will bring negative consequences for El Salvador, while opposition politicians accused the government of wanting to ease the way for China to be granted the concession to operate the port of La Unión.
As of December 1, import tariffs for consumer goods such as food, health supplements, shoes and clothing, among other things, will fall from 17% to an average of 7%.
The measure will take effect on December 1 and will affect 187 types of products, which include clothing, shoes, appliances, medicines or entertainment items, the ministry said in a statement on its website.
71 steps for the establishment of foreign companies in the Asian nation have been eliminated, while another 20 have been delegated to the central government.
The State Council (government) of China has announced that it will simplify administrative procedures, among which is the reduction of paperwork for foreign businessmen to set up their companies in the country.
Both the president-elect of El Salvador and the Chinese government expressed interest in closer ties.
Mauricio Funes, president-elect of El Salvador, said Wednesday that he was interested in exploring the establishment of diplomatic relations and strengthening trade relations with the Asian country.
According to an article by AFP in mipunto.com, the Chinese government indicated its willingness today to "strengthen relations with El Salvador," but it clarified that “any closer ties to El Salvador should be based on the principle that the island of Taiwan is an integral part of Chinese territory."
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