Honduran companies opposed to Alba
Private companies in Honduras rejected the decision of President Manuel Zelaya to join ALBA, saying that it is a threat to free trade.
Monday, August 25, 2008
"The private sector manifests its discord with this unilateral initiative by the Executive Power, which, not knowing our history, traditions and culture, is placing the country in an alliance that is politically, militarily and ideologically damaging to the future of the Honduran people and free trade," said a release from the Honduran Private Sector Council (COHEP).
President Manuel Zelaya announced that Honduras will join the Alianza Bolivariana de las Américas (ALBA), lead by Venezuela and Cuba.
The Honduran Congress approved Honduras' adhesion to the Bolivarian Alternative for the Americas.
Honduras joins the Bolivarian Alternative for American Countries, a club promoted by Venezuela and Cuba.
COHEP announced that the country is heading towards "a crisis with serious consequences for economic and social well-being."
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