Economy of Honduras - Linkages To United States

Linkages To United States

As with most Latin American countries, Honduras's economy is closely tied to the United States. The United States is Honduras's primary trading partner and the source of about two-thirds of the country's foreign direct investment (2009 information ). United States multinationals Dole and Chiquita control a large portion of Honduras's agricultural exports. Hondurans working in the U.S. send more than US$2 billion each year to their families in Honduras; these remittances account for 28.2% of Honduras's GDP (2007 information

).

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Famous quotes containing the words united states, united and/or states:

    “United States! the ages plead,—
    Present and Past in under-song,—
    Go put your creed into your deed,—
    Nor speak with double tongue.”
    —Ralph Waldo Emerson (1803–1882)

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    “The government of the United States at present is a foster-child of the special interests. It is not allowed to have a voice of its own. It is told at every move, “Don’t do that, You will interfere with our prosperity.” And when we ask: “where is our prosperity lodged?” a certain group of gentlemen say, “With us.””
    —Woodrow Wilson (1856–1924)