Beef and chicken, eggs, orange juice concentrate, palm oil, beans, coffee and corn flour, are the products that Honduras will export to Venezuela as payment for the oil it will receive from the country.
Honduras will export about $60 million worth of agricultural products per month to Venezuela as payment for the oil received from that nation through the Petrocaribe agreement.
The measure is being considered due to a reduction of 400,000 liters in domestic production.
"We have had reports from artisanal and industrial sectors that there is less milk available in the country and therefore may have to authorize an importation to cover the shortfall in domestic production," stated Agriculture Secretary Jacobo Regalado.
Elheraldo.hn reported that the president of the National Federation of Farmers and Ranchers, Leopoldo Duran, has confirmed that milk production has declined by 400,000 liters.
Basic grain producers say the import quotas announced by the Government are not necessary.
Mario Sanchez, a local grower, says imports are not necessary and that there are enough beans to supply the domestic market.
Proceso.hn reported statements from James Regan, Minister of Agriculture and Livestock, "We, with full transparency, try to make decisions so that we can achieve a more cost effective supply for the domestic consumers, but to also be able to expand our product to new markets".