British Embassy delegation urges approval of UK-Honduras trade agreement

By Bufete Mejía & Asociados

On October 9, 2019, the British Embassy’s Deputy Head of Mission and the Trade and Prosperity Officer visited Honduras to meet with officials from the Ministry of Labour, the Board of Directors of the Honduran National Congress, representatives of the private sector (COHEP), and other partner organizations working in Honduras to improve the business climate.

According to the British Embassy, the delegation encouraged the prompt ratification of the United Kingdom–Central America Association Agreement and stressed that the new treaty replicates the existing European Union-Central America Association Agreement, ensuring that trade between the UK and Central America continues uninterrupted when the UK ceases to be a member of the EU on 31 October. The agreement was signed by all countries, including Honduras, on 18 July.

“We look forward to the approval of the agreement, as it will help to build our political and economic ties with exporters and consumers and give them the certainty they need to continue trading freely and with confidence”, said Barbara Amono-Oceng, Deputy Head of Mission for the British Embassy to Honduras.

Honduras exports to the UK are worth USD 161 million, mostly composed of coffee, fisheries, fruits, vegetables and apparel products. The main imports from the UK consist of industrial products, machinery, vehicles and spiritual beverages worth USD 4 million.