Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-1§12 |
Honduras |
2023 |
Trade Policy Framework |
Loans and financing, Other support measures |
Not specified |
Relevant information
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1.12. (...) The completion of the review allowed for immediate disbursements of USD 125.8 million (XDR 87.4 million) to help Honduras meet its balance of payments and fiscal financing needs, which had been exacerbated by the pandemic and tropical storms Eta and Iota.
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Keywords
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Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-1§22 |
Honduras |
2023 |
Trade Policy Framework |
Other measures |
Not specified |
Relevant information
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1.22. The LRF [The Fiscal Responsibility Law] allows exceptions in the event of natural disasters that affect GDP by more than 1%, in which case any of the rules contained in the Law may be suspended for up to two years. (...)
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Keywords
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Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-1§30 |
Honduras |
2023 |
Measures |
Other support measures, Investment measures |
Other |
Relevant information
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1.30. To address the increase in the fiscal deficit, the BCH [the Central Bank of Honduras] made HNL 24,745.5 million (USD 1 billion) available to the Government for social investment and job creation projects, especially in the social sector and in the areas of health, education, agriculture, natural resources and the environment, energy, youth training, access to credit, and infrastructure.
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Keywords
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Energy
Environment
Natural resources
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Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-2§3 |
Honduras |
2023 |
Trade Policy Framework |
General environmental reference |
Not specified |
Relevant information
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2.3. (...) Honduras currently has 24 ministries. [10]
[10] They are: (...) (13) the Ministry of Natural Resources and the Environment; (...)
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Keywords
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Environment
Natural resources
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Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-2§6 |
Honduras |
2023 |
Trade Policy Framework |
Other measures |
Not specified |
Relevant information
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2.6. (...) There have been no changes to the legislative procedure since the last review in 2016 (Box 2.1). Draft laws are debated in plenary sessions of Congress three times, unless classified as "urgent" (e.g. in the event of a health or climate crisis), in which case a single debate may be held. (...)
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Keywords
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Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-2§8 |
Honduras |
2023 |
Trade Policy Framework |
General environmental reference |
Not specified |
Relevant information
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2.8. The Ministry of Economic Development (SDE) is the institution responsible for formulating and implementing trade policy, promoting exports and attracting investment. To set the direction of trade policy and plan its objectives, the SDE consults and coordinates with other ministries and other public institutions that are directly or indirectly linked to foreign trade. It works mainly with (...) the Ministry of Natural Resources and the Environment (MiAmente) (...)
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Keywords
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Environment
Natural resources
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Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-2§11 |
Honduras |
2023 |
Trade Policy Framework |
Other measures |
Not specified |
Relevant information
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2.11. (...) Honduras considers it essential to adopt responsible and sustainable trade practices given its vulnerability to climate change. [24]
[24] Honduras National Climate Change Strategy adopted in 2022. (...) and Third National Communication on Climate Change. (...)
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Keywords
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Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-2§15 |
Honduras |
2023 |
Trade Policy Framework |
Other measures |
Not specified |
Relevant information
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2.15. (...) Honduras participates in joint initiatives, structured discussions and the working groups on (...) the relationship between trade and environmental sustainability, and between trade and gender.
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Keywords
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Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-2§19 |
Honduras |
2023 |
Trade Policy Framework |
Environmental provisions in trade agreements |
Not specified |
Relevant information
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2.19. All of Honduras's trade agreements include trade in goods and services (...) the agreements negotiated by Honduras include, besides market access, areas such as (...) and labour or environmental issues.
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Keywords
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Secretariat TPR |
WT/TPR/S/443/REV.1 |
S-2§30 |
Honduras |
2023 |
Trade Policy Framework |
Tax concessions, Investment measures |
Energy |
Relevant information
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2.30. To attract investment, Honduras provides tax benefits to certain sectors (such as tourism and clean electricity generation), (...)
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Keywords
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