Pharmaceutical products, plastic, food preparations, sugar and confectionery, and electrical cables are the main products that are sold to companies in the Dominican Republic.
Figures from the information system "Trade between Central America and the Dominican Republic", compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Clic to interact with the chart"]
The aim is to promote development of new business between both countries, and increase exports from Honduras of products such as coffee, chocolate and tobacco.
The objective is to develop more commercial relations, and increase exports from Honduras of products such as coffee, chocolate and tobacco.The new business chamber starts operations with 25 affiliated companies.
From August 8 premium handmade tobacco leaf cigars will be subject to the same regulation as cigarettes manufactured with additives.
A group of tobacco companies in Nicaragua will be holding meetings in the US with local companies who have invested in tobacco plantations and cigar factories in order to assess the impact of the entry into force of the new regulation.
From May 7th to 9th in Santo Domingo, in the Dominican Republic, local producers and exporters will be meeting with companies and international buyers to explore business opportunities.
From a statement issued by from the Dominican Agribusiness Board:
The member countries of the Framework Convention for the Control of Tobacco have approved raising taxes on the tobacco industry.
This new document seeks to "... strengthen measures relating to applicable taxes and prices in order to reduce consumption and the number of deaths from consumption of tobacco, as it is closely related to the cost of the product."
A statutory amendment will allow Brazil to use a World Trade Organization quota to export beef to the United States.
Nicaraguan producers and exporters have raised concerns about the possible impact of changes in trade policies which are being discussed by the U.S. Congress, which directly affect the export of peanuts, tobacco and meat, the latter product due to possible entry of beef from Brazil.
In Nicaragua peanuts, sugar cane and tobacco have been held up as examples of how productivity can be increased in agriculture.
In 2006 one hectare of sugar cane in Nicaragua produced 66 tons, and five years later, in 2011, it produced 89 tons. Improvements in the use of technology and the search for the most suitable varieties of canes are part of the strategies that have enabled the industry to achieve outstanding levels of performance when compared with other countries in the region.
The Pan American Health Organization denounced the continued interference by the tobacco industry in the passing of antismoking laws in the countries of the Americas.
Washington, D.C., 31 May 2012 (PAHO/WHO) - The tobacco industry continues to interfere with tobacco control policies in the Americas and these efforts have intensified since the 2005 entry into force of the WHO Framework Convention on Tobacco Control. This is one of the preliminary findings of a report by the Pan American Health Organization/World Health Organization (PAHO/WHO), which will be examined today at the Organization’s headquarters.
The construction of a new tobacco factory making cigars for export has begun in Jacaleapa in the South of the country, with an investment of $1 million.
The new tobacco plant in Jaleapa, a community in southern Honduras, will produce cigars for export. It represents an investment of 20 million lempiras, a little over $1 million, by a group of Spanish businessmen.
The president of the National Association of Manufacturers, Adolfo Facussé, reportedly stated that the owner of the tobacco company informed him that they will move their operations to Nicaragua.
According to Wendy Mejia in her article in Elheraldo.hn, the cigar factory, located in the department of El Paraíso, is one of the largest in the country, currently employing 1,500 people, who would become unemployed if this move goes ahead.
The tobacco industry, currently exporting 90% of its products to the U.S., seeks to diversify its markets to Europe and China.
The Honduran Association of Tobacco Producers organized the first Humo Jaguar Festival bringing together entrepreneurs from Spain, Lithuania and France among others.
We sell premium cigars: Flor Real, Bahias, Sueños Oro, Chieftains,
Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 2232 9491 - (506) 8864 0189
Miguel Angel Berrios, president of the Chamber of Commerce and Industry of Danlí said that the economic impact caused by the closing of these factories is still unknown.
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