50 El Salvador exporters prepare to go to the EU
Europe is a very important market for the export sector, offering new opportunities for products already being sold there as well as for new export products.
Thursday, July 10, 2008
The European Union represents a market of almost 500 million potential consumers, while its Gross Domestic Product is more than 13 trillion dollars. Income per capita there is about 30,000 dollars, according to data provided this week from the El Salvador Exporters Corporation.
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Since 1993 the Nicaraguan German Chamber of Commerce and Industry has organized this biannual exhibition for products and services from Central American and European companies.
Central America’s beef industry has distributed the quota of meat that can be sent tariff-free to the European Union equally among all countries.
The European Union expects Central America to phase out tariffs on 90 percent of its products under a proposed free trade agreement between the two regions.
Central America rejected the European Union's request to phase out 90 percent of its tariffs in exchange for the benefits of the EU's enhanced Generalised System of Preferences (GSP-plus).
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