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.
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.
The Trans-Pacific Alliance is a trade agreement under negotiation, involving Australia, Brunei, Chile, the USA, Malaysia, New Zealand, Peru, Singapore and Vietnam.
If made, the deal would provide a solid framework for increasing trade flows, investment and cooperation.
Commerce between Panama and China summed $11,9 billion in 2010.
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