Between April 2012 and March 2013, surfing generated revenues of $20 million for the tourism sector, which is twice what the country received five years ago.
Elsalvador.com reports that "according to a study funded by the program All Invest and developed by Grupo Amate in coordination with the Corporation of Exporters of El Salvador (Coexport), the sport has boosted tourism and investment in the approximately 200 kilometers of Salvadoran coast between the beaches Las Flores and Mizata ".
Russian companies aim to foster bilateral trade and present investment opportunities.
From July 23, 12 Russian businessmen will hold meetings with Panamanian entrepreneurs in real estate, metals, painting materials and other sectors.
"Panama's location serves as a starting point to reach South, North and Central American countries", said Dimitri Rausch, Allianz IG Investment Group CEO, who coordinated the visit.