Honduras in talks with Brazil over resumption of $600 million in project financing

Honduran ministers and business leaders held talks with the Brazilian government in order to resume financing of public works for more than $600 million.

The talks aim to guarantee financing for two hydroelectric plants built by Obredecht, estimated at $271 million.

Brazil had stopped finance for Honduras after the 2009 constitutional crisis which saw ex-president Manuel Zelaya ousted by the Honduran military.



Source: Reuters