Honduras News – Daily News about Honduras

Manuel Zelaya stated today, that if Congress does not reinstate him into office next week, the Tegucigalpa/San Jose Accord “is a failure.” He then reminded MPs, judges, prosecutors and the military to not forget that they have pending trials in the International Criminal Court

Zelaya made the “comments” and “reminders” in a round table where, with his wife, Xiomara Castro, the Catholic priest Andres Tamayo, and his main political advisers, they reviewed the scope of the agreement signed by their representatives on Friday.

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The Free Trade Agreement (FTA) between Panama and Honduras took effect on Friday, which will facilitate the circulation of 80 percent of the goods between both countries, the Panamanian Ministry of Commerce and Industry (Mici) said, Xinhua reported.

According to Mici, the commercial agreement will allow the free circulation of goods, intensify the services sector and create opportunities for bilateral commercial exchanges, which totaled 165 million U.S. dollars.

The agreement was signed in June 2007 by Panamanian President Martin Torrijos and his Honduran counterpart Manuel Zelaya after one-year negotiations.

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Mexico has begun negotiations with several Central American countries to merge its three individual Free Trade Agreements (FTA) with them into a single one, Mexican Economy Minister Eduardo Sojo said Friday.

Mexico will promote regional integration with Nicaragua, Costa Rica, Guatemala, Honduras and El Salvador, which is expected to facilitate trade by harmonizing rules and different procedures, and also reduce operation costs, said Sojo.

Mexico signed FTAs with Costa Rica, Nicaragua and the Northern Triangle nations (El Salvador, Guatemala and Honduras) in 1995, 1998 and 2001 respectively .

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