The Foreign Ministry has announced that it has given approval for the establishment of the office, whose opening is scheduled for October.
Two years after El Salvador set up an embassy in Russia, the authorities in this country are preparing to open an office in San Salvador, for which they "... already have a person to lead it."
Foreign Minister Hugo Martinez told Elmundo.com.sv "...
In order to boost trade links and tourism, among other things, the embassy will open its doors on October 14.
From a press release by the Ministry of Foreign Affairs in Honduras:
Chancellor Mireya Aguero de Corrales together with Ambassador of the Russian Federation, Mr. Nicolay Vladimir, Undersecretary of Finance, Evelyn Bautista, commissioner for the Promotion of Public-Private Partnerships (COALIANZA), Jose Antonio Pineda, from the Foundation for Investment and Development of Exports (FIDE), Vilma Sierra and the representative of the Honduran Council of Private Enterprise (COHEP), Abraham Benatton, held a discussion with the media to publicize the forthcoming official visit to Russia by the Honduran delegation .
Sales of securities by the Honduran government in 2013 have been at interest rates of around 6%.
According to Evelyn Bautista, Vice Minister of Finance for Credit and Public Investment, of the total amount of $419 million authorized by Congress in the General Budget of Revenues and Expenditures, they have managed to issue in the domestic financial system 75% of that figure, and they plan to issue the remaining 25%, which amounts to $105 million.