The CAFTA-DR Free Trade Treaty: A lawyer’s perspective
It´s important to remember that on January 1st, 2009, the Free Trade Agreement between the Dominican Republic, Central America, and the United States – which is popularly known by its acronym, CAFTA-DR, came into effect. The CAFTA-DR Free Trade Treaty is of the main instruments of Costa Rica’s trade policy. This is the case because it regulates trade with such an important business partner as the United States.
El Salvador’s President Nayib Bukele talks about bitcoin with central banks and financial entities from 44 countries
Eight months after declaring bitcoin legal tender, Bukele will show the economic impact that the pioneering cryptocurrency has produced in the nation that he leads.
National Strategic Plan of Costa Rica 2050 establishes a development path
Services sector investment in Costa Rica ranks first in employing Costa Ricans. One hundred thousand new jobs were generated during the last calendar year. These were followed by those created in the life sciences and manufacturing sectors.
Starting a business in El Salvador: what are the requirements?
El Salvador defines the steps to create companies in the country through a commercial code. This code outlines several types of legal entities, such as collective name companies, limited liability, and anonymous.
A discussion with Cinde in Costa Rica
Welcome to another installment of Central American groups. In these discussions with professionals from various realms, we talk about issues in Costa Rica, El Salvador, and the rest of the region. Today. We’re very fortunate to have with us Karin Lachner.
The US and Central American countries collaborate to create sustainable employment in the Northern Triangle
Members of the Honduras, USA, Guatemala, and El Salvador Business and Investment Council (HUGE), officials from the US Government, business leaders from Northern Triangle countries, and members of the region’s civil society recently gathered in Tegucigalpa, Honduras, to develop an economic action plan.
Textile manufacturer Asheboro Elastics Corp El Salvador expands its operations
The Asheboro Elastic Corp El Salvador, of US origin, recently made a capital investment of US $350,000 to increase its production capacity in the Central American nation. According to its website the company “manufactures knitted, woven, elastic, and rigid narrow fabrics and offers elastic waistbands, color tapes and handles, and knitted mattress trims.
U.S. awards grants totaling $100,000 for scientific and research exchanges in Costa Rica
Services sector investment in Costa Rica ranks first in employing Costa Ricans. One hundred thousand new jobs were generated during the last calendar year. These were followed by those created in the life sciences and manufacturing sectors.
The Salvadoran economy faces five challenges
According to the latest report from the Central Reserve Bank (BCR), it is predicted that the economy could grow around 3.2% this year. However, to achieve this goal, it is necessary to face specific challenges that face the Salvadoran economy.
President Nayib Bukele proposes granting citizenship to those who invest in El Salvador
This past Sunday, the president of El Salvador, Nayib Bukele, said that he would send a battery of legal reforms to Congress. Among these measures is a proposal to grant citizenship to businessmen who invest in El Salvador and other initiatives aimed at favoring investment projects in the country.
In 2021, the economy of Costa Rica achieved its highest growth in the last 14 years: 7.6%
The environment in which society currently finds itself is characterized by an accelerated process of technological innovation. This will alter how we live, work, and relate to others. Individuals and country’s that do not adapt to these changes will be left behind. Will the Fourth Industrial Revolution in Costa Rica be a threat or an opportunity?
Central America Customs reforms are needed to accommodate growing electronic commerce
Amid the coronavirus pandemic, there was a significant increase in the volume of global online sales and commerce. To address the opportunities that have arisen from these developments, Central America needs Customs reforms that will impose a regulatory framework on such sales.
