Salvadoran cooperation

Is it good for El Salvador or is it only good for the United States? Leaders from both countries want to convey the belief that it’s good for both.

El Salvador Leader Visits Brazil

San Salvador, Dec 4 (Prensa Latina) El Salvador President Elias Antonio Saca begins a three-day official visit to Brazil Tuesday, accompanied by Foreign Minister Francisco Lainez, and other officials.

A presidential spokesperson announced Saca and his counterpart, Luiz Inacio Lula da Silva, will meet Wednesday at the Planalto Palace, to discuss issues of common interest such as the setting up in El Salvador of a plant to produce ethanol from sugar cane.

[via Prensa Latina]

US, El Salvador tout CAFTA benefits

SAN SALVADOR, El Salvador (AP) - A free trade agreement between El Salvador and the United States is boosting economic growth in the Central American country, Salvadoran and U.S. officials said Wednesday.

El Salvador’s economy grew 4 percent since it joined the Central American Free Trade Act, or CAFTA-DR, last year, U.S. Assistant Secretary of State Daniel Sullivan said.

[via ABCmoney.co.uk]

CAFTA said boosting El Salvador growth

El Salvador’s economy grew 4 percent since it joined the Central American Free Trade Act, or CAFTA-DR, last year, U.S. Assistant Secretary of State Daniel Sullivan said.

“This hadn’t happened in more than 10 years,” Sullivan told reporters while visiting a San Salvador factory that manufactures pupusas — thick, stuffed corn tortillas served with pickled cabbage — to sell in cities throughout the U.S.

[via BusinessWeek]

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