El Salvador and Nicaragua Customs to be Connected
The interconnection will expedite the processing of business transactions between the two countries.
Wednesday, July 6, 2011
The 541 companies in El Salvador currently exporting goods to Nicaragua will be the first to benefit from the connection of the two offices, which will expedite the process of obtaining permits and other paperwork.
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A dedicated electronic processing desk for exports and imports in El Salvador (CIEX) is now connected to the local customs offices and those of Honduras, Guatemala and Nicaragua.
The customs offices of Guatemala, Nicaragua, Honduras and El Salvador have been interconnected using the Integrated Foreign Trade System (SICEX by its initials in Spanish) since June.
With an investment of $4.2 million, El Salvador will implement a new import system via the Internet in order to streamline the respective paperwork.
Despite not having any gold mine production, foreign sales of the precious metal reached 4793 kilos in 2010, making it the fourth largest export product.
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