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Honduras aims greater stability to foreign and national investment to develop the country

Share: TEGUCIGALPA, May 19, 2021 /PRNewswire/ The Government of Honduras seeks to provide greater stability to foreign and national investment for propelling the generation of jobs in the country through model cities called Zones for Employment and Economic Development (ZEDEs for its acronym in Spanish), by pursuing legal reforms for strengthening this model in consensus with the different sectors of the country. The ZEDE located within the national territory in areas subject to a special regime purport to be autonomously governed areas that will attract foreign investment and compete for residents by establishing safer communities and better managed institutions governed by the rule of law.

US asks for life in prison for brother of Honduran president

A brother of Honduras President Juan Orlando Hernandez should be sentenced to life in prison for running a “state-sponsored drug trafficking conspiracy” with the nation’s current leader, US federal prosecutors say in documents filed before a sentencing hearing scheduled next week. Juan Antonio “Tony” Hernandez, a former Honduran congressman, was convicted in October 2019 of participating in a conspiracy to traffic in cocaine to the United States that involved the use of machineguns. His sentencing, which has been delayed multiple times, is scheduled for Tuesday in New York. A Honduran woman holding a sign outside the federal court in Manhattan in New York while Tony Hernandez’s case was in session [File: Claudia Torrens/AP Photo]Documents filed by prosecutors in the Southern District of New York late on Tuesday, lay out Tony Hernandez’s criminal history, as well as the points where it overlapped with his brother, who served as the leader of Honduras’s National Cong

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