Strengthening the competitiveness of the textile industry
By Portal & Asociados

With that in mind the Ministry of Economy of El Salvador organized a workshop to increase the trade and competitiveness of the national textile industry into the United States. Called “Taking advantage of CAFTA-DR", the workshop focused on seizing more opportunities on the Free Trade Agreement between the Dominican Republic, Central America and the United States, approved in 2015.
The implementation of trade facilitation measures, a better product diversification and the transformation of the industrial processes are some of the actions that according to the Ministry need to be deepened. Rules of origin and related matters were also discussed in the framework of the CAFTA-DR, which establishes that each party shall provide that a good is originating where it is a good wholly obtained or produced entirely in the territory of one or more of the parties or produced entirely in the territory of one or more of the parties exclusively from originating materials.
