El Salvador has strengthened its international economic outreach by signing a Letter of Intent with the Swedish–Latin American Chamber of Commerce (SWELAC), a move aimed at expanding trade, innovation, and bilateral investment. The agreement was signed by Vice Minister of Foreign Affairs Adriana Mira and SWELAC President Nils Yacoob Ekman, signaling a deeper commitment to long-term cooperation between the two countries.

Vice Minister Mira said the initiative supports President Nayib Bukele’s strategy of positioning El Salvador as a reliable partner for global business. “This instrument reaffirms our commitment to strengthening ties with the Swedish business sector and expresses our shared will to promote economic growth, investment, and innovation,” she stated, adding that the agreement lays a solid foundation for joint projects with tangible impact.

Officials expect the partnership to encourage responsible foreign investment, knowledge exchange, and new business opportunities in key sectors. Ekman emphasized the potential benefits of closer collaboration, noting, “This is a vehicle that opens the doors for investment and trade.” He also reiterated his support for efforts that generate jobs and productive growth in El Salvador.

For U.S. readers and investors, the agreement highlights El Salvador’s broader effort to diversify its global partnerships and strengthen its role as an emerging destination for innovation-driven investment in Central America.