Honduras exports 1st batch of shrimp to China as FTA talks continue

A ceremony for the first shipment of whiteleg shrimp from Honduras to China was held in Choluteca city of the Latin American country, the Xinhua News Agency reported on Sunday, indicating closer economic and trade ties as bilateral free trade agreement (FTA) negotiations proceed.

A bilateral agreement on aquatic products was signed in June, a milestone for China in sourcing whiteleg shrimp from Latin American countries.

The first shipment to China weighed 36 tons, according to Xinhua. Honduran media outlets reported that another 250 containers of shrimp are being prepared for shipment to China this month.

The export of Honduras' high-quality whiteleg shrimps to China is an important achievement of pragmatic bilateral cooperation, Chinese Ambassador to Honduras Yu Bo said during the ceremony on Friday, according to the official social media account of the Chinese Embassy to Honduras. 

"An open China welcomes more high-quality agricultural products from Honduras to enter the Chinese market and welcomes Honduras to share the new opportunities of Chinese modernization," said Yu, adding that it was a vivid example of how the establishment of diplomatic ties has improved the well-being of the two peoples.

China and Honduras established diplomatic relations in March 2023, launched the first round of bilateral FTA negotiations in July of the same year, and signed an FTA early harvest arrangement in February 2024. 

The two countries have held five rounds of FTA negotiations, the latest in May 2024, according to China's Ministry of Commerce.

During the inauguration ceremony, Luis Redondo, president of the National Congress of Honduras, said that the China-Honduras FTA early harvest arrangement provided the conditions for the first batch of whiteleg shrimp exports, and Honduras will seize the opportunity of trading with China.

Honduran Foreign Minister Enrique Reina said that he appreciated China's support for Honduras' development, and he confirmed that pragmatic cooperation has injected a strong impetus into the economic and social development of the country and benefited its people.

Representatives from local enterprises said that the exports will promote employment in Honduras and improve living standards, and they hoped to further explore business potential in the China market.