*The Honduran government and European Union (EU) have announced a private sector financing agreement worth €6.00m (US$6.92m) aimed at strengthening Honduras’ “
economic development and competitiveness”. According to a post on social media by the Honduran foreign ministry, the deal “
seeks to strengthen alliances between the Honduran and European private sectors to promote sustainable investments, improve the business environment through stronger legal certainty and regulatory and institutional frameworks, and promote lasting collaboration between business organisations and technical and vocational education and training institutions”. It adds that the deal is “
also expected to boost job creation opportunities while promoting technical and vocational education and training through innovative green environmental solutions, digitalisation, and the diversification of production and services”. It will also
“improve socioeconomic inclusion and promote gender equality and equal opportunities.” The agreement is in line with the EU’s Global Gateway strategy, which aims to drive investment in green and digital opportunities.
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