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Customs integration process advances with Guatemala and Honduras

Salvadoran authorities from the ministries of Economy and Finance participated, together with their counterparts from Guatemala and Honduras and representatives of the General Secretariat of the Central American Economic Integration System (Sieca), in the High Level Meeting of the Deep Integration Process between the three nations.

At the meeting, the roadmap for the incorporation of El Salvador was presented and the Minister of Economy, María Luisa Hayem, highlighted the commitment of the Government of President Nayib Bukele to promote the facilitation of Central American trade, where the Northern Triangle constitutes 48% in the region, which resulted in $6,238 million in 2021.

“El Salvador maintains a strong commitment to the process of deep integration, which will bring significant benefits to our populations,” said Hayem.

For her part, the director general of Customs, Samadhy Martínez, noted that “deep integration implies that customs posts and processes will work for all three countries at the same time, instead of processing country by country.”

This new customs dynamic also represents a significant reduction for businessmen who make use of the system and who in the past faced the obstacle of customs without homologation of procedures, and will help “streamline trade and make the Central American region more competitive and a reference on an international scale”, added Martínez.

During the Bukele administration, foreign trade operations have achieved a historically positive performance, with a growth of 17% as of May of this year, compared to the accumulated movement of the first five months of last year.

According to the authorities, this is due to internal efforts to eliminate bureaucracy, facilitate trade procedures and a more productive relationship with the business sector.

PROJECTS WITH GUATEMALA

Minister Hayem informed that, in the specific case of Guatemala, the Salvadoran Government plans to generate several projects, such as the creation of a new commercial route with Guatemala and that as part of this initiative the Ministry of Public Works (MOP) is already building multiple works in the west of the country.

Among these works are the construction of the commercial route between El Salvador and Guatemala, La Magdalena-El Coco, which will cover an estimated 14 kilometers. There is also the reconstruction of the road to Las Chinamas (more than 30 kilometers), the rehabilitation of the road from kilometer 5 to La Hachadura (43 kilometers) and the construction of the Manuel José Arce international bridge (160 meters).

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