End of preview - This article contains approximately 134 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 28 August 2018
In brief: El Salvador
El Salvador: In a recent tweet, international credit ratings agency Moody's Investors Service described the start of diplomatic relations between mainland China and El Salvador as positive for the latter, in terms of generating trade and finance opportunities. The tweet follows the 20 August announcement that El Salvador was breaking ties with Taiwan in favour of mainland China, following in the footsteps of Costa Rica, Panama, and the Dominican Republic. In a recent interview Oscar Cabrera, president of El Salvador’s central bank (BCR), said that foreign direct investment (FDI) from Taiwan to El Salvador was 0.2% of the total to El Salvador while El Salvador’s exports to Taiwan in the first six months of 2018 were just US$40.5m. This compares with US$82.5m in exports to mainland China.
- Mexico seals bilateral Nafta deal with US
- Colombia’s Duque makes combatting corruption a priority
- In brief: Venezuela
- Brazil’s supreme court to review Lula’s appeal
- In brief: Brazil
- Students call on Nicaragua’s Ortega to release political prisoners
- In brief: El Salvador
- In brief: Mexico
- Hearings begin against Chile’s AG
- In brief: Argentina