HONDURAS

Caribbean Update | June 1, 1993 | Copyright

Honduras' southern region, strangled for years by environmental degradation and economic stagnation, is now undergoing rapid development. After 23 years of stagnation, the states of Choluteca and Valle "are rising from the ashes like a phoenix", according to Rolin Escobar, president of the Honduras Southern Chamber of Commerce and Industries: The region's problems date back to the 1969 war between Honduras and El Salvador and the later tensions caused by the 1979 Sandinista revolution in Nicaragua. Trade between Honduras and El Salvador fell off. In addition, Honduras suffered ...

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