Saturday, May 9, 2009

Honduras, Cuba begin talks on trade agreement

TEGUCIGALPA, May 6 (Xinhua) -- Honduras and Cuba on Wednesday began the first round of negotiation here for a trade agreement to boost commercial ties.

"We are reviewing the juridical texts," Honduran negotiator Melvin Redondo said.

The purpose of the negotiation is to sign a trade agreement in June in the second round in Havana, Cuba, possibly with the attendance of Honduran President Manuel Zelaya.

The trade volume between the two countries now has reached 20 million U.S. dollars.

The two countries resumed their diplomatic ties in 2002 after a40-year hiatus.

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