Wednesday 01 October 2008, San José, Costa
Rica
Panama Readies Trade
Deal with Canada
Honduras to
Achieve Energy Sovereignty
Colombia In Shock Over
Grisly Baby Murder
Brazil, Venezuela Sign
Seven New Agreements
Peru Well-Prepared For
Global Financial Crisis
|
Honduras to Achieve
Energy Sovereignty
TEGUCIGALPA - An
adequate use of
PETROCARIBE resources
will allow Honduras to
become energy sovereign,
member of Parliament
Toribio Aguilera said on
Monday.
Honduras will not need
to ask for a
cancellation of its
energy debts if
PETROCARIBE profits are
handled in line with the
special law ruling
management and
investment of all
resources arising from
the energy cooperation
deal, he added.
Aguilera said MPs agreed
to assign those funds to
self-sustainable
projects.
The law is well
structured, so there is
no doubt as how to
control resources from
the agreement between
Honduras and Venezuela,
he pointed out, and
added that those who
misuse them will be
committing a crime.
PETROCARIBE will
generate 345 million
dollars to the Central
American nation in two
years. Of that amount,
50 percent of the
invoice will be paid to
Venezuela, and the rest
will go to a
trusteeship.
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