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Honduras “Open for Business”

Trade Summit signals Louisiana-Honduras relationship set to bloom

NEW ORLEANS—Nine days after President Lobo Sosa’s September 7th visit, Louisiana’s Hispanic Chamber of Commerce hosted an Honduran delegation to promote an array of trade opportunities between the two regions. Mayra Pineda, president of the Chamber and sister of the Honduran president, introduced approximately 50 guests to an influential and passionate line-up of speakers.

Aline Flores, formerly a student in New Orleans and now president of Honduras’s largest chamber of commerce, set the tone for “Enfoque Honduras” (Business Focus in Honduras), describing the United States as “partner number one.” Already the United States is by far the leading exporter to Honduras with 47 percent, and Louisiana provides 10 percent of that total. She then provided compelling reasons why Americans ought to consider more investment in and trade with the Central American nation.

As a workforce, the nation’s population is young – with a median age of 21 years and more than two million between 18 and 35 years old – increasingly bilingual, and willing to work at low cost. 150 Honduran elementary and high schools are teaching in English and following American curriculums. However, Hondurans remain poor and extremely underemployed. According to the 2009 census, more than half of the working-age population are without employment. Even of those working, 36 percent were earning less than the domestic minimum wage.

Click here to read the full article, view photos, and listen to an interview with Mayra Pineda, president of Louisiana’s Hispanic Chamber of Commerce.

Fergus Hodgson is the Capitol Bureau Reporter with the Pelican Institute for Public Policy. He can be contacted at fhodgson@pelicaninstitute.org, and one can follow him on twitter.

3 Comments

  1. Ryan, I thought you might appreciate this information, from a recent Hispanic Chamber of Commerce email. To learn more, you'd best contact the Chamber.

    "On November 4th and 5th, the Honduran Government will host an international conference in Tegucigalpa to showcase Honduras and how it is “Open for Business”. Former President Bill Clinton is scheduled to attend.

    Then, in the spring of 2011, there will be a high level trade mission from New Orleans to Honduras."

  2. Ryan, I thought you might appreciate this information, from a recent Hispanic Chamber of Commerce email. To learn more, you'd best contact the Chamber.

    "On November 4th and 5th, the Honduran Government will host an international conference in Tegucigalpa to showcase Honduras and how it is “Open for Business”. Former President Bill Clinton is scheduled to attend.

    Then, in the spring of 2011, there will be a high level trade mission from New Orleans to Honduras."

  3. Movilab_sps says:

    Honduras its a good country for make business, we are happy to know new industries , San Pedro Sula City are one strategic city with International Airport and near of Certified Port (PUERTO CORTES), have certified workers of variety of areas, and competitive labour cost, Your Welcome to make Busines With our our people
    http://www.tv504.com

    Honduras es un Buen Pais Para hacer negocios, nosotros estaremos felices de conocer nuevas empresas, San Pedro Sula es la Ciudad Industrial de Honduras, Ubicada estrategicamente, Cuenta con un Aeropuerto Internacional, esta cerca de un Puerto Certificado (puerto Cortes) Ademas Cuenta con mano de Obra calificada en diversas areas, el precio de mano de obra es competitivo, Sean Bienvenidos a hacer Negocios Con Nuestra Gente

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