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


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"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).

More on this topic

Honduran president announces union to ALBA

July 2008

President Manuel Zelaya announced that Honduras will join the Alianza Bolivariana de las Américas (ALBA), lead by Venezuela and Cuba.

"The government's political decision, aiming to solve the historical problems of the country, is to join Alba as a full member", stated Zelaya.

Honduran Congress approves adhesion to ALBA

October 2008

The Honduran Congress approved Honduras' adhesion to the Bolivarian Alternative for the Americas.

President Manuel Zelaya said yesterday from Colombia, where he is on an official visit, that he was happy to receive the new and thanked the president of the Honduran Parliament for his support as well as those lawmakers who gave their support.

Leaning left

October 2008

Honduras joins the Bolivarian Alternative for American Countries, a club promoted by Venezuela and Cuba.

On October 9th the Honduran Congress ratified the country’s membership in the Alternativa Bolivariana para los pueblos de nuestra América (ALBA, Bolivarian Alternative for American Countries), a regional grouping promoted by Venezuela and Cuba.

Honduran Private Enterprise Warns About Grave Crisis

April 2009

COHEP announced that the country is heading towards "a crisis with serious consequences for economic and social well-being."

"On the Eve of a Real Crisis," is what the study submitted by the Honduran Private Enterprise Council is called and it gives warning that unless "urgent and appropriate" action is taken, the decrease in international reserves will cause "uncontrolled inflation with undesirable and unacceptable impacts on poverty, employment and social stability."

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