Trade Agreement Between El Salvador and Ecuador Moves Forward

13 Apr 2016

Trade authorities in both countries have announced that before the end of the first half of this year the trade agreement that has been under negotiation since 2013 could be signed.

This is the third round of negotiations to finalize a Partial Scope and Economic Complementarity agreement between El Salvador and the Republic of Ecuador. 

Among the products with the highest export interest from El Salvador are articles of clothing, plastics, candies, chocolates, juices and nectars, and sugar, among other things. Meanwhile, among Ecuador's interests are white goods, ceramics, cocoa preparations, wood, flowers, and bananas, among other things.

See also: "Partial Scope Agreement Between Ecuador and El Salvador"

This meeting is expected to resolve the issues that are pending in the areas of market access, rules of origin and trade defense, after which the agreement would be very close to being finalised, said deputy minister Rodriguez. With the same objective, in this meeting they have started a legal review of the agreement, which includes the review of ten chapters that have already been completed.

Source: The Ministry of Economy of El Salvador