Installed capacity in El Salvador is composed of 66.2% renewable energy
Renewable energy installed capacity in El Salvador has grown 69% in the last ten years. Solar power has doubled its capacity since 2018 and already represents 10.6% of the total energy produced in the country.
Costa Rica joining the Pacific Alliance is a strategic step
This past July, Costa Rica announced its intention to move towards joining the Pacific Alliance. Within this framework, the Costa Rican Chamber of Industries articulated efforts with private-sector unions to begin building relationships with their counterparts in the region.
A possible free trade agreement between El Salvador and China
What was ratified on November 10, 2022, was a letter of intent expressing the interest of China and El Salvador to start negotiations for a Free Trade Agreement (FTA) between both countries. President Nayib Bukele and Ambassador Ou Jianhong met in San Salvador to mark this event.
Coordinating a Free Zone Project in Costa Rica
Hello, and welcome to another episode of the podcasts that the Central American Group produces. We make recordings with professionals from Central America in various disciplines in which we talk about the region’s economy. Today, we will discuss coordinating a free zone project in Costa Rica.
Accelerating regional and international trade reforms in Central America is key to inclusive and sustainable development
Trade representatives from Central American countries, officials from international economic development organizations, and representatives of the private sector met earlier this year in Antigua, Guatemala, to evaluate the region’s progress in terms of trade.
Costa Rican industrial competitiveness must increase to attract more FDI
Costa Rica continues to be an attractive country for Foreign Direct Investment (FDI). Analysts from Costa Rica’s ACOBO Financial Group point out that the country’s main competitive advantages are its political and economic stability, legal certainty, educated and qualified labor force, and Free Trade Zone Regime.
Nearshoring in El Salvador can occur in the field of tech
Arizona State University supply chain expert, Dale Rogers, explains that companies seek to move to countries that provide added value for foreign direct investors.
The free trade agreement between Costa Rica and China has produced mixed results
More than a decade after the signing of the free trade agreement between Costa Rica and China, relations “have not been as commercially successful as we have wanted,” acknowledges the Costa Rican deputy minister of Multilateral Affairs, Christian Guillermet
Central American textile manufacturers adversely affected by US inflation
Central American textile manufacturers report that orders for their products lag because chain stores are selling fewer garments in the United States.
Procomer in Houston: A Conversation with Andrew Crawford
Welcome to another episode of the Central American Group podcasts. We record these on topics that have to do with economic issues in Costa Rica and El Salvador, and the rest of the Central American region as a whole. Today we’re lucky and fortunate to have Patricia Figueroa with us. She is the executive director of the Textile, Apparel, and Free Trade Zone Association of El Salvador. Among other things, we will discuss the synthetic textile cluster in El Salvador.
Energy investment in El Salvador has totaled $2.5 billion in the last decade
Energy investment in El Salvador has been significant during the last decade. The Central American nation seeks to modernize its energy matrix and increase the production of green energy.
How to calculate the yearly Christmas bonus in Costa Rica.
The Christmas season is getting closer. Employees eagerly await it each year for the holidays and the payment of the thirteenth month of salary, known as the Christmas bonus or “Aguinaldo.” This article advises what employers should consider when calculating the Christmas bonus in Costa Rica.
