A press release by Inter-American Development Bank (IDB) states:
The Inter-American Development Bank (IDB) has approved a loan of U.S. $30 million to El Salvador for the program of Development Support Production for International Integration, which will increase the ability of micro, small and medium enterprises (MSMEs) to participate in national, regional and global value chains.
Jaime Granados, head of the IDB project team, explained that priority will be given to developing new markets for small entrepreneurs, who can improve their businesses, including in exports.
"The most important thing is that we help MSMEs to participate in the opportunities offered by trade agreements signed by El Salvador to promote diversification and promotion of the destination markets for domestic production", said Granados.
More on this topic
May 2010
If we take into consideration which economies fared better in the crisis, we should seek trade partners in Asia and not in Europe.
Manuel Hinds analyzed El Salvador’s economy and exports, and his findings can be applied to the entire region. Costa Rica has already started the essential road to diversify its exports markets by closing Free Trade Agreements with China and Singapore.
July 2010
India could become a major growth market for raw materials from Latin America and the Caribbean.
This region's governments should promote closer ties with the South Asian giant and reduce the trade costs in order to make the most of this opportunity, according to a study carried out by the Inter-American Development Bank (IDB).
June 2010
The global market adds 50 million consumers each year. Is your company ready to take advantages of theses new opportunities?
If Herb Meyer’s prediction of 50 million new consumers per year is accurate, as was his conjecture that the Soviet Union would fall, it may be crucial to get ready to what he labels “the greatest change the world has ever seen”.
July 2009
As part of the FTA negotiations with China, Costa Rica's trade promotion agency, PROCOMER, revealed a study on the Asian country's coffee market.
Coffee demand has grown in the last years, from 5.797 tons in 2002 to 10.197 in 2007. Procomer's study points out that consumption is concentrated on major cities, and among higher income population.
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