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INSIDECOSTARICA.COM
| CENTRAL
AMERICA NEWS | Thursday
09 June 2011 |
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Nicaragua,
Honduras
Restore
Bilateral
Trade
Managua
-
Nicaragua
and
Honduras
agreed
to
remove
restrictions
and
restore
trade
ties,
decreased
significantly
after
the
military
coup
of
June
28,
2009
in
Honduras.
According
to
report
released
Wednesday,
the
Minister
of
Agriculture,
Forestry
and
Industry
and
Development
and
Trade,
Ariel
Bucardo
and
Orlando
Solorzano,
respectively,
met
on
Tuesday
the
deputy
minister
of
Industry
and
Trade
of
Honduras,
Leyla
Paramo,
for
that
purpose.
Nicaragua
broke
off
relations
with
Honduras
after
the
coup
that
ousted
the
country's
constitutional
president
Manuel
Zelaya,
and
trade
showed
a
slight
reduction
thereafter.
In
2009,Nicaraguan
exports
to
Honduras,
mainly
consisting
of
agricultural
products,
amounted
to a
total
of
103
million
dollars,
but
they
fell
to
only
64.7
million
in
2010,
mainly
due
the
lack
of
sanitary
and
phytosanitary
controls,
Solorzano
said
after
meeting.
Now
we
have
agreed
to
liberalize
trade
barriers
as a
gesture
of
good
will
of
both
governments,
with
the
aim
of
strengthening
economic
ties,
said
Solorzano.
According
to
Solorzano,
agreed
mechanisms
aim
to
facilitate
and
deepen
the
free
trade
and
complementarity
between
the
two
countries,
and
Nicaragua
may
be
able
to
export
aquaculture,
meat
and
poultry
products,
among
others.
The
background
to
the
decision
to
eliminate
obstacles
limiting
trade
between
both
sides
of
the
common
border
is
the
reconciliation
agreement
signed
on
May
23
in
Cartagena
de
Indias,
Colombia,
by
Zelaya
and
Honduras�
current
President
Porfirio
Lobo.
That
agreement
was
the
culmination
of
discussions
brokered
by
the
presidents
of
Colombia
and
Venezuela,
Juan
Manuel
Santos
and
Hugo
Chávez,
respectively,
which
allowed
the
return
of
Zelaya
to
Honduras
and
the
official
recognition
of
the
Popular
Resistance
Front
(FNRP),
among
other
results
On
22
May,
at a
meeting
of
the
so-called
CA-5
in
Managua,
the
presidents
of
Nicaragua,
Honduras,
El
Salvador
and
Guatemala
supported
the
agreement
signed
hours
earlier
in
Cartagena
de
Indias
and
decided
to
reinstate
Tegucigalpa
to
the
Central
American
Integration
System
(SICA),
paralyzed
from
the
coup.
The
same
day,
Nicaragua
announced
the
full
restoration
of
diplomatic
relations
with
Honduras. |
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