Peru and Honduras Back on Road toward Free Trade Agreement

EspañolThe Honduras-Peru Business Council, based in Tegucigalpa, announced on Wednesday that talks for a free trade agreement between the two countries have resumed. The talks had been stalled since 2011, on account of disputes over the textile industry.

The announcement came after a Honduran trade mission, made up of 25 delegates from industry and government, and led by Melvin Redondo, Hondura’s undersecretary of foreign trade of the Secretariat for Economic Development, visited Peru earlier this month. Delegates met with Peruvian representatives from several organizations, such as the Confederation of Private Business Institutions and the National Society of Industries.

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They also agreed to establish the Training School for Exporters in Honduras, with support from Peru’s Association of Exporters (ADEX). Institutions such as the Chamber of Commerce of Lima and ADEX are preparing a Peruvian business mission that will travel to Honduras in August, and the free trade agreement between the two countries is set to be signed before the end of this year.

Source: La Tribuna.