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Preferential Market Access

El Salvador has 11 preferential trade agreements in force. The trade-weighted average tariff rate is 7.1 percent, and eight non-tariff measures are in force.

In general, foreign and domestic investors are treated equally, and there is no control of foreign investment.

Banking is highly concentrated, with four private banks accounting for more than 70% of total assets. Foreign banks can offer all the services offered by domestic banks.

Preferential Access to Markets

Source: Index of Economic Freedom 2021