New Investment Since U.S. CAFTA ratification

UNCLAS TEGUCIGALPA 001820 SIPDIS UNCLASSIFIED SIPDIS STATE FOR WHA/CEN AND EB/TPP/ABT STATE PLEASE PASS USTR DOL FOR ILAB TREASURY FOR DDOUGLAS COMMERCE FOR MSIEGELMAN GUATEMALA FOR FCS MITCH LARSEN and FAS STEVE HUETE E.O. 12958: N/A TAGS: ETRD EIND ELAB PGOV HO SUBJECT: New Investment Since U.S. CAFTA ratification Reftel: Managua 02472, Managua 02304, Tegucigalpa 1752 ¶1. (U) Per reftel Managua 02472, post reports increased investment and trade momentum in Honduras, stemming from CAFTA ratification in Honduras and the U.S. Since the U.S. Congress ratified CAFTA implementing legislation on July 27, several key Honduran business organizations report an increase in companies interested in exporting to and from Honduras, accelerated momentum on foreign investment projects previously placed on hold pending approval of CAFTA, and a general up-tick in requests for information on doing business in Honduras. ¶2. (U) Post responded to original reftel Managua 02304, which requested specific information and data on increases in investment and expressions of interest in reftel Tegucigalpa 1752, on August 23, 2005. Williard