The Minister of Foreign Affairs and Minister of Economy and Trade of Honduras led a team to negotiate with Chinese enterprises, and high-quality coffee lobsters and other products are about to enter mainland China in large quantities

Release time:Apr 13, 2024 21:25 PM

After concluding her visit to Shanghai, the President of Honduras, Iris Hiomala Castro Samento, and her delegation came to Beijing. On the afternoon of the first day in Beijing, some government officials and business representatives from Honduras who accompanied the President came to the auditorium of the China Council for the Promotion of International Trade to participate in the first China Honduras High level Entrepreneurs Exchange Conference.

"In fact, last week, Honduras' Deputy Minister of Economic Development, Redondo, led a delegation of entrepreneurs to China, visiting Fujian, Hunan, Jiangsu and other places intensively, fully communicating and coordinating with local governments and enterprises, and achieving rich results." Sun Xiao, Secretary General of the China International Chamber of Commerce, said, "Today, representatives from the political and business communities of the two countries gathered together again, fully reflecting everyone's high attention and earnest expectations for strengthening exchanges and enhancing cooperation."

Zhonghong Entrepreneur Exchange Products

Honduran Foreign Minister Reina had just attended the unveiling ceremony of the Honduran Embassy in China this morning, and in the afternoon, he rushed to the grand hall of the Council for the Promotion of International Trade to discuss economic and trade cooperation without stopping. Reina stated that currently, agricultural products such as coffee, lobster, and bananas from Honduras have obtained relevant permits for Chinese customs health quarantine and can smoothly enter the Chinese market. "Afterwards, we will also maintain close communication with relevant departments in China, hoping to have more high-quality products from Honduras enter the Chinese market."

Coffee bean samples brought by Honduran entrepreneurs

The Minister of Foreign Affairs and Minister of Economy and Trade of Honduras led a team to negotiate with Chinese enterprises, and high-quality coffee lobsters and other products are about to enter mainland China in large quantities

The coffee plantation owner Hessus Ramon Garcia Sanchez, who came with the group, introduced that the quality of caffeine in Honduras has won a good reputation in the world coffee market. "In Honduras, coffee production is not an industry, but a way of life, which coincides with the rising coffee culture in China. Therefore, we hope to export more high-quality coffee to China to meet the high-quality living needs of the Chinese people."

Honduras hopes that future economic and trade cooperation with China will not only involve exporting agricultural products. As of now, foreign direct investment accounts for only 3% of Honduras' GDP. Therefore, the Minister of Economic Development of Honduras, Serato, stated that Honduras is one of the founding countries of the WTO and strongly supports economic and trade exchanges within the framework of "integration". "Currently, our customs have begun to study new policies to facilitate Chinese entrepreneurs to invest in Hong Kong."

Lei Dongduo also stated that after a week of intensive communication with Chinese entrepreneurs, he found that Chinese companies have a particularly strong sense of rules. "This makes us feel that doing business with them can be very reassuring, which is the advantage of Chinese enterprises. And the sentence 'The Chinese market is so large that it can accommodate all high-quality products from Honduras' also left a very deep impression on me."

In order to allow Chinese entrepreneurs to travel to Honduras with peace of mind, Redondo introduced Honduras to the Chinese entrepreneurs present from the aspects of macroeconomics, business environment, infrastructure construction, and tax incentives. In terms of macroeconomics, Honduras has been the fastest-growing country in Central America in the past five years, with an expected GDP growth rate of 3.8% this year, continuing to maintain a leading position in the region; In terms of business environment, Honduras will provide national treatment to foreign investors and set no restrictions on market access; In terms of foreign exchange, the currency of Honduras is fully convertible; In terms of infrastructure, Honduras ranks highest in the logistics infrastructure index among Central American countries; In addition, Honduras has also formulated tax incentives for foreign investors

According to the analysis of the Ministry of Economic Development of Honduras, the nine major fields of agricultural products, mining, energy, forestry, tourism, software development, infrastructure, textiles, and intermediate product manufacturing are very suitable for Chinese enterprises to invest in. "I hope that strong Chinese companies can find suitable investment areas," said Lei Dongduo.

At the end of the speech, Lei Dongduo also placed his WeChat QR code on the big screen and said, "I am willing to communicate with everyone about any business opportunities in Honduras, and I am also willing to become friends with everyone. I hope you can contact me directly through WeChat."

Zhang Shaogang, Vice President of the China Council for the Promotion of International Trade, proposed three suggestions for pragmatic cooperation between China and Hong Kong: firstly, to deeply tap into the potential for trade growth, and with the joint efforts of enterprises from both countries, promote more high-quality and distinctive products from Honduras to enter the Chinese market, creating more new trade highlights and growth points; The second is to unleash the momentum of investment cooperation. Chinese enterprises can fully leverage China's advantages in funding, technology, management experience, and other aspects to carry out investment cooperation in Hong Kong, promote local economic and social development, and also welcome Honduras enterprises with willingness and strength to invest and prosper in China; The third is to improve infrastructure connectivity, encourage capable Chinese enterprises to participate in the construction of infrastructure projects in Honduras, drive local employment, increase people's well-being, and promote sustainable development.

In the negotiation process, more than 120 state-owned and private enterprises from China actively participated in the docking, introduced each other, and left contact information for further promoting economic and trade exchanges in the future.

Self portraits taken by Zhonghong entrepreneurs after negotiations

"The quality of agricultural products in Honduras is very good, and we have gained a lot today. We have connected with multiple enterprises and hope that our cooperation can proceed smoothly in the future," said Yang Yushi, Assistant Manager of the Seventh Engineering and Trade Division of the International Group, who participated in the negotiations.

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