Honduras Participates in Pacific Basin Meeting

The Minister of Commerce, Fredy Cerrato, said that the meeting is to advance a single position to negotiate with China and the rest of the countries of the Asia-Pacific Basin.

Monday, February 23, 2009

As was reported in sdpnoticias.com: "We have excellent relations with the United States, but it is a sovereign decision of each state to establish relations with any country of the world," indicated the official.

The United States is the main commercial partner of almost all the Central American countries, which traditionally have also been linked to American political directives."

More on this topic

China's Foreign Trade in Central America

June 2012

In 2010 imports from China to countries in the region totaled more than $7.1 billion, while exports to the Asian country totaled $1.87 billion.

Central American countries do not have the wealth of minerals such as copper, iron, or oil comparable to that of South America, however, the seven economies together constitute sizeable market for Chinese goods: in 2010, the entire region imported Chinese goods worth $7.10 billion.

Costa Rica and the Trans-Pacific Alliance

February 2012

The Trans-Pacific Alliance is a trade agreement under negotiation, involving Australia, Brunei, Chile, the USA, Malaysia, New Zealand, Peru, Singapore and Vietnam.

A statement from the Ministry of Foreign Trade of Costa Rica explains:

Costa Rica is exploring the possibility of participating in the Trans-Pacific Alliance, which has the potential to become the commercial hub of the Asia Pacific region.

Costa Rica to Explore Possible FTA with Japan

December 2011

If made, the deal would provide a solid framework for increasing trade flows, investment and cooperation.

As part of the Costa Rican delegation's visit to Japan, the Costa Rican Minister of Foreign Trade, Anabel Gonzalez, held meetings with representatives of the Japan’s Ministry of Economy, Trade and Industry and Japanese businessmen with the aim of publicising opportunities for trade and investment in Costa Rica.

Panama is China's 5th Commercial Partner in Latin America

March 2011

Commerce between Panama and China summed $11,9 billion in 2010.

In a recent study, PriceWaterhouseCoopers (PWC) affirmed that China's ascendance in global trade is making it approach Latin American economies, which suffered relatively minor damage from the international crisis.

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