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Dominican Republic and Honduras Seek to Expand Trade, Investment and Tourism
๐Ÿ‡ฉ๐Ÿ‡ด Dominican Republic /Economy & Trade

Dominican Republic and Honduras Seek to Expand Trade, Investment and Tourism

From Diario Libre · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • The Dominican Republic and Honduras expressed interest in expanding trade, investment, tourism, connectivity, sport and cultural cooperation.
  • The only new agreement signed during Honduran President Nasry Asfuraโ€™s visit concerns paid work for dependents of diplomatic, consular, administrative and technical staff.
  • Bilateral trade totaled about $1.165 billion from 2020 to 2025 and nearly $227 million in 2025, while both sides scheduled a joint trade-promotion meeting for 2027.

The Dominican Republic and Honduras ended a two-day presidential visit with a 19-point joint declaration, but no new trade deal or investment operation.

Dominican President Luis Abinader and Honduran President Nasry Asfura said they wanted to increase commercial, investment and tourism cooperation. The declaration also referred to connectivity, sports, culture and opportunities for productive sectors. Most of its provisions reaffirmed existing commitments, recognized potential areas and promised further work through mechanisms already in place.

identify areas where we can make concrete progress

โ€” Luis AbinaderThe Dominican president described the discussions during the official visit.

The only new agreement signed during the visit allows dependents of diplomatic, consular, administrative and technical personnel from both countries to engage freely in paid activities. The presidents also agreed to hold the first meeting of their Joint Committee on trade promotion and technical cooperation in 2027. That mechanism dates to a memorandum of understanding signed in March 2024.

The two governments cited an opportunity to increase purchases of Honduran shrimp in the Dominican market, but announced no purchase volume, contract or specific commercial operation. Bilateral trade reached about $1.165 billion between 2020 and 2025, including nearly $227 million in 2025.

There is also room to grow, and both governments are interested in facilitating that process.

โ€” Luis AbinaderAbinader referred to the countriesโ€™ interest in expanding economic ties.

Tourism cooperation will focus on increasing visitor flows through stronger air connectivity, reciprocal promotion and new areas of collaboration. The presidents agreed to update their Tourism Cooperation Agreement and highlighted the need to bring their existing Air Services Agreement into force.

Asfura said Honduras wanted to learn from the Dominican Republicโ€™s tourism experience: "That tourism that you have learned so much about over more than 40 years, taking the best examples in tourism development and infrastructure development in the country, and in what we can do together." Honduras was also announced as the host of the Central American Games.

That tourism that you have learned so much about over more than 40 years, taking the best examples in tourism development and infrastructure development in the country, and in what we can do together.

โ€” Nasry AsfuraThe Honduran president said his country wanted to draw on Dominican tourism experience.
About this summary

Originally published by Diario Libre in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.