El Salvador Ranks #1 in Latin America for Trade Facilitation. – El Salvador in English

El Salvador has emerged as a regional leader in trade facilitation, ranking number one in Latin America with a score of 88/100 on the sustainability indicator of the Trade Facilitation Committees. This milestone reaffirms the government’s commitment to creating a favorable business climate, according to Minister of Economy, María Luisa Hayem.

“This achievement highlights the government’s dedication to fostering a business-friendly environment that generates more and better employment opportunities for our population,” said Hayem. The score reflects the country’s successful implementation of policies and actions that contribute to a sustainable economy, focusing on improving logistics infrastructure, customs modernization, and efficient international trade procedures.

Under the leadership of President Nayib Bukele, El Salvador has positioned itself as a regional leader in trade facilitation. The country’s National Trade Facilitation Strategy (ENFC) 2023-2027 is central to this success, making El Salvador the best in the region for logistics infrastructure and streamlined trade processes. Hayem emphasized that these efforts go beyond just trade; they also include investments in roads, ports, and airports, as well as the modernization of customs and technology.

In addition to this recognition, El Salvador has made significant progress in global trade initiatives. It was included in the II Global Trade Facilitation Program, a joint effort between the State Secretariat for Economic Affairs of Switzerland (SECO) and the World Customs Organization (WCO). The country also ratified the Revised Kyoto Convention and established a Performance Measurement Platform for Customs, which was approved by the WCO Council.

To further streamline trade, El Salvador has signed an agreement with the United States to exchange information, simplifying procedures at borders. The government has also committed $81 million to modernize infrastructure at the six borders shared with Guatemala and Honduras, enhancing customs procedures and ensuring the transparency of operations.

These strategic actions not only improve El Salvador’s global trade standing but also contribute to its growing attractiveness as a destination for international investment.

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