For U.S. exporters considering tapping into the Central American marketplace, a virtual conference this week will offer trade insight into the Northern Triangle countries of El Salvador, Guatemala, and Honduras.
The event — Regional Security Strategies for Economic Prosperity in El Salvador, Guatemala, and Honduras — will be held March 10. It’s hosted by the American Chambers of Commerce (AmCham) and the U.S. Embassies in all three countries in partnership with the U.S. Commercial Service. Speakers from the countries will join leaders from U.S. companies and government agencies to discuss trade and investment opportunities throughout the region.
The nearby region offers significant opportunities for U.S. exporters. In 2019, U.S. exports of goods and services to the Northern Triangle totaled $20 billion. That included $8.4 billion in exports to Guatemala, $6.7 billion to Honduras, and $4.9 billion to El Salvador.
Supporting U.S. Supply Chains
Douglas Frye, senior loan officer and business developer in EXIM’s Global Infrastructure Division, will speak about ways EXIM can support export opportunities during a panel discuss focused on “Financial Assistance for Overseas Entities.” The complete agenda can be found here.
Frye will outline EXIM financing tools to enable the purchase of U.S. manufactured equipment. “EXIM has been actively supporting U.S. exporters in their efforts to sell more cargo screening equipment and other equipment related to border security,” said Frye, who focuses on several of EXIM’s transformational export sectors, including biotechnology and biomedical sciences. Additionally, he promotes the Transportation Security Exports Program.
Frye will be joined by Waleska Sterkel, executive director of AmCham Guatemala, and Anna Coby, country manager for Mexico, Central America, and Dominican Republic at the U.S. Trade and Development Administration.
Finding New Opportunities
The event will provide key information for U.S. companies interested in increasing their understanding of export opportunities to industries throughout the Northern Triangle region, including ports, smart cities, telecommunications, cybersecurity, infrastructure, and energy.
If you’re interested in expanding your sales globally to markets like these in Central America, schedule a free consultation with an EXIM trade finance specialist to learn more.