Salvadoran companies sign $5.2 mln worth of deals
- Submitted by: manso
- Business and Economy
- 10 / 18 / 2010
Funes speaking to businesspeople after the round of negotiations at the Hotel Nacional
The 40 Salvadoran companies participating in a delegation that accompanied President Mauricio Funes during a trip to Havana last week signed $5.2 million worth of contracts, El Salvador’s Diario El Mundo reported.
The article didn’t provide any specifics about the agreements signed during a round of negotiations at the Hotel Nacional.
Salvadoran state bank Banco Hipotecario set up a triangulation mechanism with Cuban banks to circumvent the U.S. prohibition of using dollars, according to El Mundo.
Six Salvadoran companies will participate in the International Havana Fair, Nov. 1-6.
Source: www.cubastandard.com/2010/10/16/salvadoran-companies-sign-5-2-mln-worth-...
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