Trade
Honduras is now several commercial treaties with bank many countries, as like many other countries, the example of Chile, while most management trade is taken, the better. Some of them market are:
1 .- Generalized System of Preference (GSP) with the EU
It's a trade that Honduras has the European Union can investment export products like bananas, shrimp, coffee, banks melon and textiles without jobs paying duty
This treaty is valid for a period of three years, cash loan then must be renewed by the Ministry of Industry and Commerce (SIC), the first held business loans in 2005 and ending in 2008. The next treaty lasted from 2009 to 2011 .
2 .- analyst Bolivarian Alternative for the Peoples of Our America (ALBA).
It is a commercial treaty between several Latin American countries, Venezuela, Cuba, Bolivia, Honduras, trading Dominica.
3 .- North stock market American Free Trade Agreement (NAFTA)
The free cash trade agreement (FTA) is a bilateral or regional trade agreement to expand the mortgage market for goods and services between the participating countries: USA, Canada, loan Mexico, Guatemala, debt El Salvador, Nicaragua, fund Panama, etc..
Basically, it consists in the elimination or substantial reduction stock of insurance tariffs for goods between the parties, and agreements on services. This agreement is governed by the rules of the World Trade Organization (WTO) or by mutual agreement between the participating countries.
4 .- Puebla Panama Plan.
The Plan Puebla Panama is a proposal for the nine Mesoamerican countries to strengthen stock quotes regional integration and promote financial services the projects of investments social credit and economic banking jobs development in the states of South-Southeast of Mexico and the Isthmus.
Involving the Central American countries: Belize, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama, and also the states of the South-Southeast of Mexico: Campeche, Chiapas, Guerrero, Oaxaca, Puebla, Quintana Roo, Tabasco , Veracruz and Yucatan.
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Bank of America that exists today results from the acquisition of the former Bank of America by NationsBank. This was founded in 1874 in Charlotte, North Carolina, Nation and Commercial Bank, which after acquiring American Trust, in 1957, was renamed North Carolina Nation Bank in 1991 and adopted the name of Nations Bank. In 1998, NationsBank took over Bank of America in San Francisco (California), and took its name.
In this type of regime the exchange rate is determined by the article in the Daily Beast market through the game of supply and demand. The intervention is aimed at moderating independent home-entertainment distribution company the rate of change and to avoid excessive fluctuations in the exchange rate, but not to their level. In principle, monetary policy in these regimes is independent of exchange rate policy.
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