2015 El Salvador Business Investment Seminar

2015-08-27

The Vice President of El Salvador, Mr. Ortiz, and other high level officials will be present at the Briefing for Economic and Trade Investment Opportunity in El Salvador to present the current economic and trade status, and introduce investment opportunities, giving business operators in Taiwan a further understanding of the latest economic and trade status and industry developments, thus expanding the potential for bilateral business and cooperation opportunities. Manufacturer representatives from the renewable energy, LED, aerospace, ocean freight, sugar, food processing, leather, shoe processing, tourism, auto parts, garment, and plastics industries are welcome to sign up for this meeting.

El Salvador is located in Central American with pleasant weather and an advantageous geographical situation. Many major international ocean freight and airline companies have established operating bases in El Salvador. Furthermore, El Salvador offers a high quality work force. In 2014, its domestic GDP was about 24.7 billion US dollars, and the minimum wage was about 3,931 US dollars. The official currency of El Salvador is the US dollar, thus its exchange rate is stable. Currently, the number of countries signing free trade agreements with El Salvador is next only to the number that have signed with Chile, ranking it second in Latin America, which contributes to tariff reductions and the free flow of goods. Additionally, with the niche preferential free trade agreements between El Salvador, U.S., Taiwan, and other FTA nations already in place, particularly with the use of preferential terms of the CAFTA-DR signed between Central America countries and the United States, all industries in Taiwan with goods that are high tariff in the United States are suitable for investment in El Salvador. Their products can be exported to every country in North America, and in the Central and South American regions.

Time and Date: 12:00 p.m. to 15:00 p.m., September 8. 
Venue: Noble House, 1st Fl. Regent Taipei (No 3, Lane 39, Section 2, Zhongshan North Rd. Taipei)