A statement from the Presidency of Honduras reads:
President Lobo Sosa confirms intention to open diplomatic relations with China
President Porfirio Lobo Sosa, confirmed on Wednesday that there are clear intentions to open diplomatic relations with the People's Republic of China, a situation that should not affect relations with Taiwan.
The Honduran president said that in the XXI century, we can not continue to think that expanding relations with one nation means being an enemy to another.
The leader believes that China is a super attractive market because it has established itself as a world power in the economic and commercial sphere.
In this regard, he said that Beijing already has investments in Honduras through the Patuca III hydropower project, capital that could be extended to other projects.
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In order to boost trade links and tourism, among other things, the embassy will open its doors on October 14.
From a press release by the Ministry of Foreign Affairs in Honduras:
Chancellor Mireya Aguero de Corrales together with Ambassador of the Russian Federation, Mr.
Honduran employers look favorably on the opportunity to develop trade relations with China, and believe that the country should not be left out of these types of agreement.
According to an article in Laprensa.hn, the Honduran private sector is already visualizing the benefits of closer trade relations with the Asian giant, especially since this means entering one of the largest markets in the world, especially at a time when the main markets (Europe and the U.S.) are experiencing economic problems.
Although Taiwan maintains its financial support with countries in the region, the rise of China as a trading power is forcing a diplomatic approach with the great Asian tiger.
An article in Laprensa.hn reports on the inevitable: "The Government of Honduras' flirtations with China are becoming more intense, and analysts point to the potential realization of trade and diplomatic relations, in an attempt to capitalize on the growing political and economic influence of the Asian giant in the countries of the region. "
The salvadoran president, Mauricio Funes, announced his Government is considering the benefits of establishing relations.
The president's statements were in connection with the inauguration of the first China Trade Fair in El Salvador.
Elnuevoherald.com reports words from the president, "There is a decision to make and we are exploring what is best for the country."