Space Industry and Business News
TRADE WARS
Honduran president meets Chinese official with trade deal on horizon
Honduran president meets Chinese official with trade deal on horizon
by AFP Staff Writers
Tegucigalpa (AFP) Aug 14, 2024

Honduran President Xiomara Castro met Tuesday with China's Vice Minister of Foreign Affairs Hua Chunying to strengthen bilateral relations and negotiate a new trade agreement, Castro's government said.

Enrique Reina, the foreign minister of Honduras, told reporters that Hua "visited the country to advance several items."

As part of ongoing trade negotiations, Reina said that an "early harvest" agreement will take effect on September 1, through which China will allow shrimp, coffee, melons and other Honduran products to enter the country without charging tariffs.

Once finalized, the new trade agreement will increase trade by eight times, Reina said, compared with the rate before Honduras established diplomatic ties with China in 2023.

In March of that year, Honduras announced it was severing diplomatic ties with Taiwan, ending a position it had held for more than 70 years. Honduras established ties with China soon after.

Castro visited Beijing in June to meet with Chinese President Xi Jinping to further secure the new diplomatic relationship.

Twelve countries continue to maintain official diplomatic relations with Taiwan, with seven of them located in Latin America or the Caribbean.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
US officials to travel to China for economic meetings
Washington (AFP) Aug 12, 2024
Senior American officials are due to visit China this week, the US government said Monday, seeking to keep ties between the world's two biggest economies steady despite simmering trade tensions. The trip to Shanghai will be for talks under a financial working group (FWG) formed last year, with both sides due to discuss financial stability, issues relating to cross-border data, as well as the fight against fentanyl. The working group's meetings will take place on Thursday and Friday, with the US ... read more

TRADE WARS
Cleveland-Made Automated Tech Embarks on Space Mission

AFRL Collaborative Automation For Manufacturing Systems Laboratory opens

UCLA Engineers Develop Shape-Shifting Metamaterial Inspired by Classic Toys

ClearSpace and Plextek Strengthen Alliance for Enhanced In-Orbit Services

TRADE WARS
GMV Secures GBP 2 Million Contract for Quantum-Enabled White Rabbit Switch to Safeguard UK Infrastructure

Reticulate Micro delivers advanced video tech VAST to US Army

Northrop Grumman completes PDR for SDA Data Transport Satellites

SES Space and Defense secures US Air Force Air Combat Command contract

TRADE WARS
TRADE WARS
US, Australia collaborate to enhance GPS resilience in contested environments

oneNav's Advanced L5 Technology Mitigates GPS Jamming in Israel

China plans to launch pilot cities to showcase BeiDou applications

NextNav Receives DOT Award to Enhance PNT Services as GPS Backup

TRADE WARS
AFWERX, MTSI evaluate electric VTOL aircraft for military applications

Climate activists halt traffic at two German airports

Whisper Aero Partners with ORNL's Summit Supercomputer to Advance Quiet Electric Aircraft Development

Pilot error, lax safety blamed in US Osprey crash off Australia

TRADE WARS
URI-led research proposes new approach to scale quantum processors

Advances in Atomic-Level Photoswitching for Nanoscale Optoelectronics

HKUST Engineers Develop Full-Color Fiber LEDs for Advanced Wearable Displays

New Milestone in Secure Communication Achieved Using Artificial Atoms

TRADE WARS
Latin America utilizes satellite data and AI for governmental and environmental watch

New Interactive TEMPO Data Story Offers Public Access to Air Quality Information

Planet to Launch Tanager-1 Hyperspectral Satellite and 36 SuperDoves with SpaceX

NASA C-20A Completes 150 Hours of Earth Science Flights

TRADE WARS
NY eco activists turn up heat on Citi over polluting investments

Secretive Albanian island braces for the Trump treatment

Ultrafine particles linked to deaths: Canada study

Olympic sponsor Coca-Cola under scrutiny for widespread plastic use

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.