China-Honduras Early Harvest Free Trade Agreement Begins Sept. 1

China and Honduras will start an 'early harvest' free trade agreement from September 1, according to China's state council. Certain imported goods from Honduras will benefit from this arrangement, with agreed-upon tax rates applying to these products.

China and Honduras are set to commence an 'early harvest' free trade agreement on September 1, as announced by China's state council on Friday.

The agreement will specifically affect certain imported goods originating from Honduras, which will be subject to pre-agreed tax rates.

The state council released a statement detailing these new trade terms and their implementation.

(With inputs from agencies.)