Article: Honduras Crisis Hits Regional Trade Hard

The following excerpt is from a September 30, 2009 article published by the BBC.  To view the article in its entirety, please click here.

By Alberto Najar
BBC Mundo

The political crisis in Honduras is having a crippling effect on trade in Central America, with Guatemala, El Salvador and Costa Rica losing millions of dollars of trade every day…

The ongoing political deadlock in Honduras has come at a high price for Guatemalan businesses.

Javier Zepeda, president of the country’s Chamber of Industry, says: “When the border is closed, our trade with Honduras, Costa Rica, Nicaragua and Panama is affected, because we can only go via El Salvador.”

…It is yet another blow for Guatemala, where a state of disaster was declared two weeks ago because of a drought which has caused chronic malnutrition among the population.

Click here to read the rest of the article, here to read more about Economics & Guatemala, or here to read about the 2009 food crisis. 

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