Business in Honduras, Tegucigalpa, Logistics

1. Introduction to the Republic of Honduras (Central America)
2. Honduran Economy
3. International of Honduras
4. Investment in Honduras
5. Transport and Logistics
6. Doing Business in Tegucigalpa and San Pedro de Sula
7. Case Study: Business Opportunities in Honduras
   1. Manufacturing
   2. Textile
   3. Agribusiness
   4. Services
8. Access to the Honduran Market
9. Business Plan for Honduras

International Trade and Business in Honduras

The educational aims of the Subject “Foreign Trade, Logistics and Business in Honduras” are:

1. To analyze the Honduran Economy, Logistics and Global Trade
2. To conduct research on business opportunities in Honduras
3. To explore the Honduran trade relations with the student's country
4. To learn about Honduran Trade Agreements
5. To develop a business plan for the Honduran Market

The Subject “Foreign Trade, Logistics and Business in Honduras” is included within the curriculum of the following academic programs at EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate in World Trade.

Languages: or Honduras Honduras Honduras.

1. Subject Credits “Doing Business in Honduras”: 1

Honduran Trade Agreements and Market Access.

1. Honduras and the Hispanic American Economic Area
2. Central American Integration System
   1. Central American Common Market - Integrated with SICA -
3. Association of Caribbean States
4. Mesoamerica Project
5. Latin American and Caribbean Economic System
6. Bolivarian Alliance for the Peoples of Our America (ALBA)
7. The Honduran products and services has direct access to many international markets thanks to the Trade Agreements with Japan, the EU, Chile, or Australia
8. UK-Central America Free Trade and Economic Integration Agreement
9. Dominican Republic-Central America
10. Dominican Republic-Central America-U.S. Agreement
11. Colombia-Northern Triangle Agreement
12. Mexico-Central America Agreement
13. El Salvador-Honduras-Taiwan Agreement
14. Peru-Honduras Agreement
15. Panama-Honduras Agreement
16. Canada-Honduras Agreement
17. South Korea-Central America Agreement
18. ALADI (observer)

1. World Trade Organization (WTO)
   1. Agreement on Trade in Services (GATS)
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. World Customs Organization (WCO)
   1. Kyoto Convention

1. Economic Commission for Latin America (ECLAC)
2. Inter-American Development Bank
3. Organization of American States (OAS)
4. Community of Latin American and Caribbean States (CELAC)

1. United Nations
2. World Bank
3. World Trade Organization (WTO)
4. International Monetary Fund

1. Since 1980 Honduras is governed by a democratic system with steady institutions, a transparent legal system, and political and social stability
2. Honduras is situated in the heart of the American continent. Only two hours by Air and 48 to 72 hours by sea to the United States
3. Honduras has a population of 8.7 million people
4. Honduran Capital: Tegucigalpa
5. Area of Honduras: 112,492 km²
6. Honduras shares borders with Guatemala, El Salvador, and Nicaragua
7. Honduran main language: Spanish
8. Honduras gained the independence from Spain in 1821
9. Abolition of Slavery in Honduras: 1824
10. African Diaspora in Honduras: 0.1 million people (2% of the Honduran population)

The main religion in Honduras: Christianity - Catholicism (7 million) and Protestantism (1 million).

Honduras belongs to the Hispanic American Economic Area of Western Civilization.

Honduran Economy.

1. The Republic of Honduras is an interesting place to do business in Central America
2. A flexible manufacturing sector, capable of exporting in varying scales, supported by a favorable tax and customs code
3. Honduras serves as a distribution platform to the Central American markets, among the lowest Logistics costs in the region
4. Main Honduran economic activities are the financial services, communications, manufacturing, trade, agriculture, livestock, forestry, and fisheries
5. Agribusiness represents 40% of GDP of Honduras
6. Honduran Currency: Lempira

Emerging Sectors in Honduras:

1. Traditional sectors (agriculture, textiles, tourism)
2. A growing services sector
3. A tourism sector that attracts international travelers
4. A forestry industry that supplies a broad variety of non-traditional wood species 32 million hectares (80 million acres) at highly competitive prices, with different climates and a large potential for low irrigation agriculture

Main business opportunities in Honduras:

1. Traditional sectors: agriculture, textiles, and tourism
2. Value-added industries: agribusiness, sustainable tourism, light manufacturing, and business services

International Trade of Honduras.

1. Exports of the Republic of Honduras are led by the activities related to the maquilas
2. Total Honduran exports grew by 7.2%
3. Honduras is the third largest apparel exporter to the United States market
4. Main Honduran export markets are the United States, the EU, El Salvador, Guatemala, and Mexico
5. The largest importers from Honduras are the United States, Guatemala, El Salvador, the EU, and Costa Rica
6. Puerto Cortés is the only deep-water port in Central America; is engaged (busiest) among the Honduran and Central American ports
7. The Inter-oceanic Highway construction will allow the communication by road between the Atlantic and the Pacific oceans
8. Any part of Honduras can be an Industrial Processing Zone/Free Zone where enterprises are exempt from all taxes

FIDE Investment and exports is a Honduran private non-profit organization that works in partnership with the Government and other private agencies to improve the business climate in Honduras and promote Foreign Direct Investment.