On July 4, Wang Wentao, Minister of Commerce, and Serato, Minister of Economic Development of Honduras, announced the launch of China-Honduras Free Trade Agreement negotiations on behalf of the two governments respectively.
On March 26, 2023, China and Honduras established diplomatic relations, and the economic and trade cooperation between the two countries has entered a new stage of development. On June 12, President Xi Jinping held talks with visiting Honduran President Fidel Castro. The two sides issued a joint statement announcing that they had reached a consensus on negotiating a free trade agreement between the two countries.
The launch of the negotiations on the China-Hong Kong Free Trade Agreement is conducive to deepening practical cooperation in the economic and trade field between the two countries, providing assistance for further improving the quality and level of bilateral trade, and strengthening investment and cooperation in various fields.