The government of the Central American country announced that in the coming months it plans to open a Commercial Office in Jerusalem as an extension of its Embassy in Tel Aviv.
From the Presidency of Honduras statement:
President Juan Orlando Hernandez announced today at the annual conference of the United States-Israel Public Affairs Committee (AIPAC) that Honduras will immediately open a Commercial Office in Jerusalem as an extension of its Embassy in Tel Aviv.
In 2017 sales from the island to the Asian country totaled $145 million, of which $48 million were for telephone sets and $22 million for copper.
Following the agreement last week between the Dominican Republic and China to formalize their diplomatic relations, the expectation is that trade between both countries will grow in the coming years.
The Maduro government has announced a ban on carrying out commercial or financial activities with 22 Panamanian government officials and 46 Panamanian private sector companies.
Prensa.com reports that "...Among the Panamanian companies affected are Copa Airlines, Vida Panama, Supercentro Casanova, Casablanca, and Yamaha Music Latin America, among others."
Flights between the Asian country and Tocumen, a feasibility study to build a train to the border with Costa Rica and cooperation in financial, energy and maritime matters, are some of the results on offer from the agreements signed between the Chinese and Panamanian governments.
Since the breakdown of Panama's diplomatic relations with Taiwan and the new relationship with the Asian giant was announced in June of this year, the possibilities of creating and developing new business in Panama have multiplied, due to the implications that greater involvement in terms of investment by China would have for the country and the region.
The Panamanian government is negotiating with the Chinese authorities to set up a consulate in the city of Shangái, given its economic and commercial importance.
From a statement issued by the Ministry of Foreign Affairs:
A proposal for the establishment of a Panamanian consulate in Shanghai was presented by the Panamanian delegation to the Ministry of Foreign Affairs of the People's Republic of China.
The attendance of the president of the rebellious Chinese island to the inauguration of President Ortega and visits to the countries of northern Central America could have profound geopolitical significance.
EDITORIAL
It is not only the importance of Taiwan for Central Americans in terms of trade and financial assistance to governments in the area.The visit of President Tsai Ing-wen could be related to the turmoil of the global political status quo that will surely arise with the new US government
An announcement has been made that services and office staff will be expanded in Panama City and from there the Dutch will strengthen their business with other countries in Central America.
After a meeting of the Dutch ambassador and Panamanian officials, it was announced that the office operating in the country will be expanded to extend activities throughout Central and increase financial and trade relations with Panama.