Through the new diplomatic headquarters in Beijing, the Salvadoran government aims to deepen relations with the Asian giant.
The opening of the Salvadoran government's embassy in China will help to further strengthen the relationship of friendship, trade and cooperation between the two nations, reported the Ministry of Foreign Affairs of El Salvador.
Encouraging investments in free trade zones, increasing the number of new headquarters of multinational companies and strengthening diplomatic relations with Asian countries, are some of the stakes of the Central American country.
Taking advantage of the competitive position in terms of connectivity and logistics is the main offer of the Panamanian economy for companies from all over the world to settle in the country.
The government of the Central American country announced that in the coming months it plans to open a Commercial Office in Jerusalem as an extension of its Embassy in Tel Aviv.
From the Presidency of Honduras statement:
President Juan Orlando Hernandez announced today at the annual conference of the United States-Israel Public Affairs Committee (AIPAC) that Honduras will immediately open a Commercial Office in Jerusalem as an extension of its Embassy in Tel Aviv.
Authorities in the Asian country reported that their intention is to sign a free trade agreement with El Salvador, while the government of Sánchez Cerén intends to sign a partial scope agreement.
Authorities in the People's Republic of China reported that as announced several weeks ago, El Salvador and the Asian country had already held their first working session in which they began to define the trade and cooperation relationship between the two nations.
Following the departure of US diplomatic staff from Nicaragua at the worst moment of the socio-political crisis, the US government has now announced that it has authorized the return of the embassy staff and their families to Managua.
The crisis in which Nicaragua has been immersed since last April has negatively affected the country in multiple ways, including the irregularity with which the US diplomatic corps works.This was evident when, in mid-May, the US Embassy reported that it would not be processing routine applications for nonimmigrant visas, and that due to unstable security conditions, it would reduce the hours of service provided to the public.See "Nicaragua: US suspends visa issuance"
The Sánchez Cerén administration is preparing to negotiate the signing of trade agreements with the Asian country, but without actively involving the private sector.
After the sudden and accelerated rupture of relations with the Republic of Taiwan and the announcement of the new relations with China, the Salvadoran government is organizing the signing of the first commercial agreements with the Asian giant, and for this the first official mission is preparing to travel next week.
Entrepreneurs in El Salvador are demanding that the government provide more details on how and what was negotiated in the process of establishing diplomatic relations with China.
The private sector is questioning the abrupt and accelerated manner in which the process of breaking off relations with the Republic of Taiwan and the announcement of new relations with China took place.
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.
The embassy of the Asian country in Santo Domingo will focus on attracting Chinese investors and offering facilities for Dominican entrepreneurs to develop their business in China.
Fu Xinrong, Chargé d'Affaires at the Diplomatic Mission, informed Eldinero.com.do that "... the Embassy will have more functions with the integration of Political Advisers and Economic and Commercial Affairs, as well as a Military Attaché, with the consular service being the most noteworthy."
Commercial and industrial companies, free zones and tourism would be the main beneficiaries of the establishment of diplomatic ties between the two countries.
The president of the board of directors of the Corporación Zona Franca Santiago, Miguel Lama, explained that "... 'Industries, trade, free zones and tourism will have new and greater opportunities in view of this decision of the Dominican Government to formalize links with the nation with the highest economic growth in the last thirty years and where 1,350 million people live.'"
In 2017 sales from the island to the Asian country totaled $145 million, of which $48 million were for telephone sets and $22 million for copper.
Following the agreement last week between the Dominican Republic and China to formalize their diplomatic relations, the expectation is that trade between both countries will grow in the coming years.
The agreement between both governments also implies the resumption, in the coming days, of Copa flights between Caracas and Panama City.
Almost a month after President Maduro decided to suspend economic relations with Panama, both governments have reached an agreement to resume dialogue.
In response to actions taken by the Maduro government, Panama will suspend cargo and passenger transport activities of Venezuelan airlines operating in the country for three months.
Immediately after the retaliation measures that the Varela administration intends to implement were made public, the Venezuelan government announced it will suspend economic relations with more companies in Panama and freeze their accounts, although they did not specify who those companies will be.
The first diplomatic headquarters that the Central American country is opening in the African continent will be located in Kenya.
From a statement issued by the Ministry of Foreign Affairs in Costa Rica:
April 6, 2018The Minister of Foreign Affairs, Manuel A. González Sanz, inaugurated the Embassy of Costa Rica in the Republic of Kenya in Africa and whose resident Ambassador is Marta Eugenia Juárez Ruiz.
The new headquarters that the US Embassy of Guatemala has started to build, is in a a 3.8 hectare plot of land in Zone 16, and will be ready in the year 2022.
According to the diplomatic authorities, the building under construction was designed to reuse used water, and will have a system that will prevent the free circulation of rainwater in its surroundings.
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