You know, our relation with Honduras is excellent. I mean, Honduras is very much – I see it as a brother democracy, a very close neighbor of the United States. Honduran people have come a long way in the last 28 years to build their democracy after years of military rule. Our economic relationship – we’re close trading and investment partners. You know, we account for 65 percent of Honduras’s exports. Obviously, the relationship is very close there.
Obviously, Honduras remains one of the poorer countries in Latin America, so the United States has very active programs, development programs, in the country. We have the Millennium Challenge Compact, which is a $250 million program to develop roads and to assist small farmers. We have a robust USAID program, $50 million a year, involved in health education, good governance, trying to promote economic growth. We’re fortunate to have the largest Peace Corps presence in Latin America, which I’m very proud of.
I believe that the Central American Free Trade Agreement provides a great economic opportunity to deepen our relationship and create conditions for sustainable growth in Honduras. And so I think that, you know, you’re seeing that in terms of the way of the growing trade levels, but also growing foreign direct investment in Honduras. We’ve very proud of, again, the people-to-people relationship. We have more than a million Hondurans who live in the United States, and they’re part of our community and we’re proud of them. And so it’s an excellent relationship.
Well, I think this was really unique because, you know, we have these chiefs of mission conferences every year, which is really a good opportunity for sort of getting the ambassadors from the region together, a good networking opportunity and getting good feedback from the Department and the Washington interagency on the major issues of the day.
But this is an opportunity, I think, for us to give back to the U.S. business community. So the fact that the U.S. Chamber, you know, brought us all together – it was a very good audience. It was a large audience of business people and diplomatic community officials and so on, and really just, you know, answer their questions on really issues that were of importance to them in terms of the reality in Latin America. And I think that what we bring to the table is we’re actually out in the field, and I think we were able to give the folks present a good sense of what’s happening in the region and how all of this impacts on U.S. interests.
So I hope these are repeated. I hope this becomes part of the – you know, the annual chiefs of mission conference that we can get the ambassadors to speak directly to the business community. It was a good event.