Barbara Amono-Otzeng, Chargé d’Affaires of the British Embassy, met with Melvin Redondo, Under Secretary of Commerce for International Trade, to discuss the country’s trade and economic programs, including the implementation of the Central American-British Association Agreement.
The Chargé d’Affaires explained that the UK wanted to encourage fair, reliable investment through trade mechanisms such as UK Export Finance Support (UKEF) in the region, based on UK financial expertise in areas such as infrastructure and renewable energy. etc: Electrical mobility. to support countries in the sustainable development of their economies.
The Chargé d’Affaires և Undersecretary referred to the implementation of the Association Agreement between Central America and the United Kingdom, which has been implemented without any problems since its entry into force. In 2022, the Agreement will host special committees that will continue to build on its benefits to increase trade flows between Honduras and the United Kingdom.
The Chargé d’Affaires also stressed the need to work with Honduras in multilateral forums such as the World Trade Organization to agree on a positive, forward-looking agenda that promotes inclusive, sustainable, free and fair trade. He urged Honduras to join the international community in putting economic pressure on Russia to end the war in Ukraine, which is causing food and fuel prices to rise around the world.
The meeting was also attended by Cesar Diaz, Director of Agreement Management and Negotiations.
In 2021, Honduras’s bilateral trade between the United Kingdom amounted to 182 million US dollars. Honduras exports to the UK market amounted to 155 million US dollars, while British exports to the Honduras market – 27 million US dollars. The main exports of Honduras were coffee, fish, crayfish, textiles, sugar, fruits and vegetables. while the main British products were electric motors, plastics, specialized machines, scientific instruments and dyes.
The Chargé d’Affaires meets with the Undersecretary of State for International Trade in Honduras
SourceThe Chargé d’Affaires meets with the Undersecretary of State for International Trade in Honduras