Salvadoran exports to Taiwan increase 79%
EXPORTA attributes the increase to the free trade agreement with the island, which has been in effect for 7 months as yesterday.
Thursday, October 2, 2008
From March to August of this year, El Salvador increase its exports to Taiwan by 79%, Eugenia Yang, economic adviser at the Taiwanese Embassy in the country, reported.
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Honduras and Taiwan ratified a free trade agreement that was signed just over a year ago and also includes El Salvador.
A trade mission composed of representatives from 22 companies in different industries met with Salvadoran businesspeople.
In the coming days, Taiwan will be receiving the first shipment of 40,000 tons of Salvadoran raw sugar.
$12 million were exported to the Asian Country in the first half of 2009, 60% more than last year.
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