The FTA will allow the exchange of goods and services between the two nations, something that in practice may represent a strategic step to improve the country’s competitiveness with the Asian market and attract more investment, although always facing pressure from the United States.

The Minister of Economy, María Luisa Hayem, noted in recent days the end of the second round of negotiations towards the signing of the FTA between the two countries, where they discussed a series of agreements in the chapters of trade in goods and technical barriers to trade, among others.

They also verified the settlement of disputes and trade arrangements in order to facilitate the exchange of goods and services between the two countries, eliminate or reduce tariff barriers and taxes that hinder imports and exports.

Favorable for the Salvadorans is that until July this year there was an increase of 536,4% of exports to the market of China.

“We continue to move towards the goal of ending the FTA negotiations with China, with to open up opportunities enhancing trade between the two countries and generating new investments in our country,” Hayem said on X.

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