The government encourages new business ventures with Argentina

The Argentine trade mission that is in the country held a meeting with the Economic Cabinet as an initiative of the Government of President Nayib Bukele to present the advances related to the facilitation of procedures and automation of systems, and in this way, encourage new businesses.

The foreign entourage is made up of about 20 companies from the chemical-pharmaceutical, hospital machinery, food and agribusiness sectors, and three important unions from Argentina. Prior to the meeting, chaired by the Secretary of Commerce and Investment, Miguel Kattan, and organized by the Ministry of Economy (Minect), they participated in a business conference with national firms. 

“We believe that El Salvador can be and should be the spearhead so that the investments of businessmen from other countries can have the success they seek, mainly because we are an economy that generates confidence in the maintenance of investments and their usefulness,” Kattan pointed out.

During the meeting, the financing lines available for Salvadoran entrepreneurs who need funds for the acquisition of equipment or working capital were also exposed, which can facilitate trade between companies from both countries.

“We are seeking sustainable development for our population and generating the necessary conditions for investors to see and be able to work in El Salvador looking for better opportunities. In El Salvador, there is a tremendously qualified workforce that has been internationally recognized for its productivity,” added the head of the Department of Commerce.

On the other hand, the Ministry of Agriculture and Livestock (MAG), the General Directorate of Customs (DGA), and the National Directorate of Medicines (DNM) highlighted the progress made in facilitating and digitizing procedures.

These actions are part of the economic strategy of the Bukele administration that seeks to strengthen the confidence of foreign investors, and thereby expand business opportunities, strengthen the ecosystem, and create new sources of employment.

“I want to thank the government of President Nayib Bukele for receiving this delegation, which is very important from two sectors, which, in the current situation, are strategic. They are entrepreneurs from the medical, hospital, veterinary, and chemical-pharmaceutical sectors, but also from the food-agribusiness sector,” said the ambassador of the Argentine Republic in El Salvador, Rubén Ruffi.