External Affairs Minister Dr S. Jaishankar today said that the economic engagements between India and Honduras in the last three decades have grown steadily, with bilateral trade reaching more than 300 million dollars. The minister was speaking at the inauguration of the Embassy of Honduras in New Delhi. Dr Jaishankar acknowledged Honduras for issuing a statement of solidarity after the cowardly terrorist attack at Pahalgam in Jammu and Kashmir. He added that the opening of the Embassy of Honduras in the National Capital will go a long way to facilitate trade promotion.
The minister asserted that the economic engagements between the two nations have been underpinned by trade, investment, and technical cooperation. He said that India and Honduras have a diversified basket that includes pharmaceuticals, textiles, automobiles, and machinery, and India imports coffee, wood, and leather from Honduras.
The union minister emphasised that the commercial exchange between the two nations highlights the considerable potential in areas such as agriculture, business, renewable energy, health care, information technology, and manufacturing. Mr Jaishankar further mentioned that India and Honduras are now engaged in installing an early warning system aimed at strengthening Honduras’ preparedness for disaster resilience. He added that the collaboration of the two nations on the global stage has found many meaningful expressions, including in the United Nations, and the Indian diaspora in Honduras serves as a living bridge of friendship between the two countries.
Dr Jaishankar, along with his counterpart from Honduras, Eduardo Enrique Reina Garcia, jointly inaugurated the Embassy of Honduras in the national capital today.