02:22

China is Honduras' strategic partner for exports, technological development, says minister

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STORY: China is Honduras' strategic partner for exports, technological development, says minister
SHOOTING TIME: March 20, 2024
DATELINE: March 27, 2024
LENGTH: 0:02:22
LOCATION: Tegucigalpa
CATEGORY: POLITICS/ECONOMY

SHOTLIST:
1. Honduran minister of economic development Fredis Cerrato
2. various of Honduras
3. SOUNDBITE 1 (Spanish): FREDIS CERRATO, Honduran minister of economic development
4. various of Honduras
5. SOUNDBITE 2 (Spanish): FREDIS CERRATO, Honduran minister of economic development
6. various of Honduras
7. SOUNDBITE 3 (Spanish): FREDIS CERRATO, Honduran minister of economic development
8. various of Honduras

STORYLINE:

A Honduran minister has said that China is a strategic partner for Honduras with investments becoming concrete and bilateral negotiations for a free trade agreement (FTA) going well.

China and Honduras established diplomatic relations in March 2023.

According to Honduran minister of economic development, Fredis Cerrato, since then, relations between the two countries have been consolidated in "giant steps" in different areas.

SOUNDBITE 1 (Spanish): FREDIS CERRATO, Honduran minister of economic development
"We need to continue to build an increasingly strong long-term relationship so that we bet on a win-win situation and that both countries can bring benefits to their people."

China and Honduras started the FTA negotiations in July 2023.

He believes that the agreement would allow more Honduran agricultural products to be exported to China and generate numerous jobs through investments from Chinese businessmen under the FTA.

SOUNDBITE 2 (Spanish): FREDIS CERRATO, Honduran minister of economic development
"Honduras attended the China International Import Expo in Shanghai and exhibited signature Honduran products, especially agricultural and marine products, which were very well received. We believe we will be able to develop an extraordinary trade relationship (with Chinese partners) in tobacco, coffee, shrimp, and sugar."

The minister says economic and trade cooperation between the two countries is going to lift the added value of agro-products, generate jobs, raise foreign exchange income, and improve social welfare for Honduras.

SOUNDBITE 3 (Spanish): FREDIS CERRATO, Honduras' minister of economic development
"Regarding the future prospects (of economic and trade cooperation), first, Honduras will produce and export more agricultural products that are of interest to Chinese consumers. Second, Chinese entrepreneurs can invest and set up businesses in Honduras in accordance with regulations and create job opportunities."

He believes that exchanges and cooperation would promote the transfer of technology and knowledge so that young people can receive training.

Xinhua News Agency correspondents reporting from Tegucigalpa.
(XHTV)

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