This report discusses the current political and economic conditions in Honduras, and relations with the United States including trade, foreign assistance, military presence, migrations issues, drug and human trafficking, port security. From the report: "The United States has a close relationship with Honduras, characterized by an important trade partnership, a U.S. military presence in the country, and cooperation on a range of transnational issues. Honduras is a party to the Dominican Republic- Central America Free Trade Agreement (DR-CAFTA). There has been extensive cooperation with Honduras on port security. Some 78,000 Hondurans living in the United States have been provided temporary protected status (TPS) since the country was devastated by Hurricane Mitch in 1998. In early May 2007, TPS was extended until January 2009. U.S. foreign aid to Honduras amounted to almost $53 million in FY2006 and an estimated $46 million in FY2007. The Millennium Challenge Corporation approved a five-year $215 million compact with Honduras in 2005. The Administration requested $43 million in FY2008 foreign aid funding for Honduras. Although foreign aid allocations are not yet available, the FY2008 Consolidated Appropriations Act (P.L. 101-161) provided for levels of Development Assistance and Child Survival and Health assistance for Honduras not lower than that provided in FY2007. The Administration has also requested at least $7.4 million in FY2008 supplemental assistance for Honduras as part of the Administration's Mérida Initiative to boost the region's capabilities to interdict the smuggling of drugs, arms, and people, and to support a regional anti-gang strategy."
CRS Report for Congress, RL34027