A study planned by the Ministry of Economy on the costs of production and marketing of sugar, could help resolve the conflict between sugarcane cultivators and agro industrialists.
Sugarcane farmers continue to demand that they receive an additional payment as part of the revenues generated by the mills from the sale of surplus energy produced.A study that the Ministry of Economy announced that it will carry out, will allow an analysis to be made of the costs of production, consumption and marketing of sugar and honey, and the generation of energy through bagasse.With this study, it will be possible to determine if a reform is necessary to the Law on Production, Industrialization and Commercialization of the Sugar Agroindustry, as proposed by sugarcane farmers.
The government announced that it will carry out a review of the goods produced locally and those imported, in order to evaluate the option of raising tariffs to "protect domestic production."
The government's proposal is to analyze what goods are produced in the country and which are imported in order to raise taxes on the entry of goods which are in direct competition with local production.Tharsis Lopez said"...'I asked for a study of those products manufactured here, either in free zones or outside of them, to see the levels of tariffs or taxes that have to be introduced on those products. Why?To increase these tariffs'. "
The government is seeking US support in order to improve conditions in the negotiation of the Trans-Pacific Partnership to minimize the impact it will have on sectors such as textiles.
From a statement issued by the Ministry of Economy of El Salvador (MINEC):
The Minister of Economy, Tharsis Solomon Lopez began a series of meetings in Washington DC with Senators, Congressmen, trade officials from the US Government and private entities, in order to present the position of the Salvadoran government in the negotiations for the Trans-Pacific Partnership, known by its acronym TPP, in relation to the impact it could have on Salvadoran exports carried out under the Free Trade Agreement with the United States, known as CAFTA-DR.
On November 6 companies in the sector will meet in San Salvador to discuss the regulatory framework of the electricity market and the integration of renewable energy in the country.
From a statement issued by the Chamber of Commerce and Industry of El Salvador (Camarasal):
The Chamber of Commerce and Industry of El Salvador will bring together a large group of industrialists in the Second National Forum on electricity, entitled "Energy for All" with the aim of analyzing the regulatory framework of the electricity market and making suggestions for improvements to help economic development and businesses in the country.
The Ministry of Finance has announced that the aircraft maintenance firm Aeroman will be expanding its operations in the country, including investment in expansion of its installations.
According to comments made by Minister Tharsis Salomon Lopez in a meeting with journalists, they are in the final phase of negotiations with the firm Aeroman aircraft maintenance, which will be expanding its operations in El Salvador, where it has operated for more than five years.