Honduras textile industry vulnerable to drawn out crisis

Mon Jul 6, 2009 8:58pm BST
 
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(For a TAKE A LOOK on Honduras, click on [nN28343997])

* Honduras, Central America's largest textile exporter

* Further unrest worry for sector

* Business leaders stand by Zelaya's ouster

By Mica Rosenberg

SAN PEDRO SULA, July 6 (Reuters) - A week after troops ousted the Honduran president at gunpoint, factory owner Roberto Cardona watches his industrial bobbins spinning thousands of threads into T-shirt fabric and frets fickle clients will pull orders if the crisis deteriorates.

Central America's largest textile and clothing exporter to the United States, Honduras faces growing international isolation after a June 28 coup that ousted President Manuel Zelaya.

The caretaker government blocked Zelaya from trying to fly home on Sunday and one person was killed in clashes between soldiers and protesters. The death was the first in protests both denouncing and supporting the coup over the last week.

"The big brands carefully guard their image and the obvious decision of the clients will be to move to where they may not have the lowest costs but can be assured broad political stability," said Cardona, whose factory produces for underwear makers Hanesbrands (HBI.N) and Jockey International Inc.  Continued...

 

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