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Worldwide situation strengthens El Salvador opportunities with India

By Portal & Asociados - 09/09/2020
Worldwide situation strengthens El Salvador opportunities with India

Indian business newspaper The Financial Express published an article praising commercial relations between India and El Salvador and the benefits that both countries can make of the COVID 19 situation.

“Trade grew substantially in the last decade, reaching US$1,051 million during that period. This growth, together with the need to diversify the supply chains that has arisen as a result of COVID 19, opens up countless business opportunities for Indian companies, especially SMEs, in sectors such as the pharmaceutical, textile and plastic industries, automobile and spare parts, renewable energy and services,” states the August 12, 2020, article, titled “El Salvador: A market on the rise for Indian companies”.

In 2019, El Salvador GDP was US$27 billion with a per capital GDP of USD 3,572. foreign trade is highly dynamic: goods export recorded US$5,943 million as well services were US$3,197 million. On the other hand, the import of goods reached US$12,017 million as services were US$2,005 million.
https://www.financialexpress.com/

By Portal & Asociados - 09/09/2020
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Portal & Asociados

For over thirty years, PORTAL & ASOCIADOS has been recognized as a Salvadoran law firm synonymous of high quality, integrity and value by leading domestic and multinational corporations and law firms seeking to invest or expand operations in El Salvador and Central America. We provide intellectual property services with a high level of professionalism no matter the size or nature of the operations of our clients.

The firm provides Intellectual Property services to businesses of all sizes, across all industry segments. Our multidisciplinary approach and multilingual staff appeal to inside and outside counsel who need a cooperative, responsive and cost conscious legal team on the ground to represent their clients’ interest in the Salvadoran and Central American region. Portal & Asociados also stands at the forefront of CAFTA related opportunities assisting manufacturers and companies to take full advantage of CAFTA market opening provisions by helping clients navigate the important reforms of domestic legal and business environments.

Because it is so time consuming and therefore expensive to establish and maintain relationships with five different law firms located and operating within a small geographical region, the firm´s Central American services consolidates clients’ efforts and offers one point of contact for all legal needs in Guatemala, Honduras, El Salvador, Costa Rica and Nicaragua and that is why we are your CENTRAL AMERICAN HUB FOR INTELLECTUAL PROPERTY SERVICES.