Government and Trade / Apparel / Hanesbrands / Textiles

Honduras' 2020 Development Plan Questioned as Migrant Caravan Swells

Posted On: Oct 22, 2018   |   Posted By: WWD

MEXICO CITY - The Honduras 2020 Plan to generate 200,000 textile jobs and triple apparel exports to $7.4 billion through a major synthetics push is moving slowly and failing to generate enough jobs to keep migrants from fleeing to the U.S. to escape poverty and violence, observers said.
Their comments came as President Trump on Monday renewed threats to cut off aid to Honduras, Guatemala and El Salvador if they fail to stop a swelling, 7,000-strong migrant caravan that originated in Honduras last week. In a series of tweets, Trump called the growing refugee crisis a national emergency and criticized Mexico for failing to contain the caravan.
Honduras, El Salvador and Guatemala make up the so-called Northern Triangle in Central America - a huge textiles manufacturing region that has been often plagued with violence and insecurity. The countries reportedly received $500 million in development aid from Washington last year as part of the multibillion Alliance for Prosperity Plan to curb migration.
“We are going...

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