The director of the National Association of Industrialists (ANDI), Fernando Garcia, said that delaying negotiations will slow new investment into Honduras, and the opening of local businesses that depend on determining a new minimum wage.
According to Garcia, the three labor unions are requesting this additional time to hire economists and technicians to validate the economic data and projections submitted by the Ministries of Finance and Commerce, and by the Central Bank of Honduras (BCH).
The representative of the Confederation of Workers of Honduras (CUTH), Jose Luis Baquedano, said that during the break, they will study the impact that the new wage would have among the teaching profession, micro, small and medium enterprises, as well as factory workers. The maquiladora industry requested that the new minimum wage be raised to 6,000 lempiras.
Minister of Industry and Commerce, Benjamin Bogran, agreed to withdraw from the commission after a complaint was lodged by the CUTH because Bogran has strong links with the COHEP.