The Investment Promotion Agency (Proesa) of El Salvador had to cancel participation in two fairs planned for April.
Those are, OutSource2LAC, scheduled for 12th and 13th of this month, the date was changed by the organizers themselves, said Giovanni Berti, director of the agency. The other case is the Medical Travel Summit, for which only two doctors were interested and sought information.
Proesa plans to redirect these resources into two important fairs.
The first event is Food Taipei, in Taiwan, where all the traditional food offerings in the world converge, and the second is Expocomida America, or LAC Flavors, to be held in Guatemala from 12th to 13th July.
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Salvadoran companies attending the trade show in Panama, closed deals for $670,000, and conducted more than 90 business meetings.
Giovanni Berti, Executive Director of the Agency for Promotion of Exports and Investments of El Salvador (Proesa), said that Panama, together with the countries of the Caribbean, "will become one of El Salvador’s main partners in the medium term.
For the first quarter of the year, public and private sectors expect to finalize negotiations for a Free Trade Agreement with Peru.
The most difficult part of negotiations has been related to industry, specifically the textile sector, which has shown the most resistance to the signing of the treaty.
Some 145 Salvadoran companies will participate this year in international fairs, particularly those related to the food and beverage sector.
Some 145 firms, mostly medium and small sized, will participate in trade fairs in Germany, Colombia, Taiwan and Panama, among other countries, and it is expected that deals will be made worth around $30 million.
In 2011 sales of Salvadoran services abroad totaled $1.1 billion, 10% more than in 2010.
A statement from the Agency for Promotion of Exports and Investments in El Salvador (PROESA) reads:
The Agency for Promotion of Exports and Investments in El Salvador, PROESA, today (Wednesday 24th) held the 1st International Forum on Export of Services in order to raise awareness of global trends, the outlook for the region and the country as well of some of the success stories of exporters of services. The Forum's main purpose was to stimulate more interest by Salvadoran firms to venture into this activity with high growth potential.