. Earth Science News .
TRADE WARS
Honduras dumps neighbors, opens to China

disclaimer: image is for illustration purposes only
by Staff Writers
Tegucigalpa, Honduras (UPI) Mar 16, 2011
Honduras is shunning neighbors that refuse to recognize its government, questioning its legitimacy, and is reaching out instead to China and India for trade and broader relations.

In one of the first steps Wednesday, Honduras closed its embassy in Caracas, Venezuela, one of the Latin American nations continuing to deny endorsement to the post-coup government of President Porfirio Lobo.

Lobo was elected president after a constitutionally endorsed coup overthrew elected President Jose Manuel Zelaya June 28, 2009, and replaced him with coup leader Roberto Micheletti as the head of a caretaker government.

A U.S.-led compromise to let Zelaya supervise the presidential failed to hold and Lobo was elected virtually under Micheletti's regime, a point cited by countries reluctant to recognize Lobo's presidency.

Despite unsuccessful Spanish brinkmanship last year aimed at Lobo winning international recognition through EU mediation, Lobo remains isolated. The latest measures announced by Lobo signaled the government's defiance and determination to secure change on its own terms.

Officials said Honduras would close embassies in Argentina, Brazil, Bolivia, Ecuador and Venezuela -- countries that don't recognize Lobo's government.

Honduran Foreign Minister Mario Canahuati said the resources assigned to Honduran embassies in those countries would be diverted to open trade offices in India, Singapore, China and Canada.

He said Honduran embassies in Colombia, Peru and Chile, which have recognized the government of Lobo, would remain open. Canahuati said that a certain degree of relations will be maintained with the rest of South American countries.

"We have to maintain relations with Latin America," the minister said. "It's better to have friends than enemies."

The opening of trade offices in India, Singapore, China and Canada would help Honduras forge closer relations that could open the way for strategic alliances the country needed to boost development and open new markets for exports.

Canahuati made the comments before traveling to neighboring Guatemala where he expects to meet U.N. Secretary-General Ban Ki-moon and the leaders of the Central America Integration System, SICA.

Argentina, Brazil, Bolivia, Ecuador and Venezuela haven't recognized Lobo's government, arguing his rule is a continuation of the anti-Zelaya coup.

However, the Lobo government enjoys support from the U.S. administration, which recognized the new government, and the Organization of American States.

U.S. Secretary of State Hillary Clinton is continuing to campaign for Lobo's recognition.

She said last year, "President Lobo has done everything he said he would do. He was elected through a free and fair, legitimate election. He provided political amnesty. He set up a truth commission. He has been very committed to pursuing a policy of reintegration."

Analysts said the approach to China and India could prove to be opportune for Honduras, which is rich in gold, silver, zinc and other minerals needed by the two Asian countries' emergent industrial economies.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Global Trade News



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


TRADE WARS
Japan quake hits Taiwan tourism
Taipei (AFP) March 16, 2011
Taiwan said Wednesday it expected to lose millions of dollars in revenue as Japanese tourists cancelled visits to the island following last week's deadly earthquake. Taiwan's Tourism Bureau estimated a 20 percent decline in Japanese visitors over the coming three months, or more than Tw$1 billion ($33 million) in lost income, said spokesman Wayne Liu. Last year 1.08 million Japanese peop ... read more







TRADE WARS
Fuel-rod pool now 'major concern' - French watchdog

Japan disaster in numbers

Japan disaster: Insured losses at $12-25 bn

Japan's food under scrutiny, crisis 'in hands of God': EU

TRADE WARS
China Mobile 2010 net profit up 3.9%

US run on iodide pills despite reassurances

Foreign governments urge nationals to leave Japan quake zone

Radiation 'not threat outside nuclear plant zone'

TRADE WARS
Shallow-Water Shrimp Tolerates Deep-Sea Conditions

'Pancake' stingrays found in Amazon

Sinohydro inks $2 bn deal to build Iran dam: report

Weed-Eating Fish Key To Reef Survival

TRADE WARS
Wheels Up for Extensive Survey of Arctic Ice

Arctic-Wide Measurements Verify Rapid Ozone Depletion In Recent Days

Pace of polar ice melt 'accelerating rapidly': study

Soot Packs A Punch On Tibetan Plateau's Climate

TRADE WARS
Untapped Crop Data From Africa Predicts Corn Peril If Temperatures Rise

Forgotten forage grass rediscovered

Knee-high fence to halt rampaging Australian toads

Seedlings Thrive With Distant Relatives, Seeds With Close Family

TRADE WARS
'We need world's help': Japan evacuee town mayor

Strong quake sways buildings in Tokyo

Unique Japan tsunami footage boon to scientists

US host Beck blasted for Japan quake comments

TRADE WARS
Cameroon suspends Twitter for 'security reasons'

Over 500 flee restive Casamance flee to Gambia: UN

First protests in Guinea since Conde takes power

China lends Angola $15 bn but creates few jobs

TRADE WARS
Study: More immigrant families are intact

Study: Neanderthals had control of fire

Age Affects All Primates

Brain Has 3 Layers Of Working Memory


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal 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. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement