TEGUCIGALPA, July 2 (Xinhua) -- The 48-hour trade embargo imposed by
Honduras' three neighbors in response to a military coup came to an end on
Thursday, with a cost to the nation worth 16 million U.S. dollars.
El Salvador, Guatemala and Nicaragua had all halted trade with Honduras
after Sunday's military coup against President Manuel Zelaya.
The four Central American nations usually work closely together, and are
known as the CA-4.
Amilcar Bulnes, president of the Honduran National Business Council,
(Cohep), told media Thursday that a Cohep committee had traveled to El Salvador
on Wednesday, to "explain to them what is really going on in the country" and
seek to preserve regional economic integration.
The Cohep has supported Roberto Micheletti, the acting president installed
by the Congress after the coup.
Honduran soldiers stormed the presidential palace early Sunday morning and
forced Zelaya to exile.
The United Nations, Organization of American States and many foreign
government leaders condemned the military uprising and refused to recognize
Micheletti's government.
"The closure ended at zero on Thursday, and even though there was
willingness to extend the measure, there were no instructions to that effect,"
said David Cristiani, Guatemala's deputy economic minister.
The business and financial community in Guatemala opposed the closure of
the nation's borders, and the Central America, Dominican Republic and Panama
Private Enterprise Federation also issued a statement describing the move as a
violation of CA-4 treaties.
Honduras is Guatemala's third largest export market, with an export value
of 737 million U.S. dollars in 2008, or around 2 million dollars a day,
Cristiani said, adding Guatemala also lost income from customs during the two
days.