CRECEX has announced the start of the program "Export CRECEX" directed at the export sector.
"The plan to attract exporters to CRECEX is taking shape while Cadexco is still in a process of internal fragmentation, known about publicly since 27 January. The administrative situation has separate the then executive vice president from the exporters, Sergio Navas", writes Marvin Barquero in Nacion.com
Internal problems which occurred in Cadexo prompted the resignation of several directors and the disaffiliation of exporting companies.
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The Chamber of Exporters demanded the next administration greater commitment with the exporting sector.
"An example: the Free Zone Law. We know it will provide greater security for companies and attract more investment. However, it is useless to have a law which favors the most vulnerable or unprotected areas, if we don't have the required infrastructure, staff and telecommunications", stated Mónica Araya, president of the Chamber of Exporters.
A World Bank study analyzes the obstacles and recommends solutions in order to streamline exports within the Isthmus and to third party countries.
From the article by The World Bank entitled "How to facilitate the export of agricultural products from Central America":
- A World Bank study analyzes the obstacles and recommends solutions in order to streamline exports within the Isthmus and to third party countries
The “Learning to Export” event is organized by the Corporation of Exporting Companies, known as COEXPORT.
The gathering will take place on 15 July at the CIFCO International Conference Center and is the first of its kind organized by COEXPORT.
Silvia Cuéllar, the corporation’s director general, commented to ALprensagrafica.com that, “it is important to underline that never before has an event of this kind been held in El Salvador and it will not be the last”.
Exporting companies from El Salvador are demanding an integral exports policy from the Government.
According to the Corporation of Exporting Companies, known as COEXPORT, the most important items of such policy should be a financial guarantee fund and credit insurance.
Silvia Cuéllar, head of Coexport, detailed both financial instruments to Laprensagrafica.com: "Credit insurance will be a guarantee for exporters having problems with their products, and the guarantee fund will provide greater protection for the entrepreneur".