Vice President of El Salvador Félix Ulloa inaugurated the Australia-El Salvador Chamber of Commerce and Industry, a landmark initiative aimed at strengthening bilateral trade, investment, and strategic cooperation. The launch event was held at the Victorian Parliament and hosted over 200 attendees, including local and international business leaders, members of the diplomatic corps, and virtually, El Salvador’s Minister of Economy, María Luisa Hayem.

In his inaugural speech, Vice President Ulloa emphasized that the new chamber will foster economic ties between El Salvador and Australia, highlighting the country’s modern legal framework, legal stability, and renewed climate of security as key factors for foreign investment. The initiative aligns with the Economic Plan for 2024–2029 implemented by President Nayib Bukele, now in its third “Logistics” phase following “Food” and “Technology.”

Ulloa noted El Salvador’s strategic geographic position at the center of the Americas and within the Central American Integration System (SICA), positioning the country as an ideal platform for regional trade and investment. He also highlighted opportunities in renewable energy, Fintech, and digital assets, referencing the creation of the world-unique Digital Assets Regulatory Commission.

The Vice President underscored the critical role of the Salvadoran diaspora in Australia, whose integration into local society strengthens the country’s economic growth and investment potential.

«The event marks a milestone in the relationship between El Salvador and Australia, consolidating new opportunities for investment and strategic cooperation,» Vice President Ulloa stated.