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"Two other cooperatives that generate more than 1,200 direct jobs are already about to go bust"

Two banana farms in Honduras close, resulting in the loss of almost a thousand jobs

The confirmation of the closure of two banana farms in Honduras has unleashed concern in the country. The president of the Association of Banana Producers, Hector Castro, has warned that the closure of the plantations will lead to the loss of 900 direct jobs.

"The worst part is that this is a trend and for the next three months other large cooperative farms will be closed," Castro warned. "Two other cooperatives that generate more than 1,200 direct jobs are already about to go bust."

Castro recalled that the passage of Eta and Iota severely affected a sector that has been following a downward trend in the country for several decades. In fact, 82% of the production was lost due to the passage of the storms and it has not been recovered yet. In addition, he stressed, that the agricultural sector does not have support, since there is no development financing working in the country.

"Thousands of jobs will be lost with the closure of the farms, which will undoubtedly further exacerbate the economic and social crisis of the country," Castro stressed.

 

Source: hondudiario.com 

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