Honduras political situation eases

Representatives of Honduran ousted President Manuel Zelaya have reached an agreement with the interim government.

The move could help end the long dispute over the coup, and possibly pave the way for Zelaya's reinstatement.

After days of negotiations, Honduran interim President Roberto Micheletti has agreed to reinstate Zelaya as President.

The agreement would also create a power-sharing government and bind both sides to recognize the November 29th presidential elections.

Micheletti called the pact a "significant concession" on his part.

Roberto Micheletti, Honduran interim President, said, "We are pleased to announce that a few minutes ago I authorized my negotiating team to sign an agreement that marks the beginning of the end of the political situation in the country."

Speaking in the Brazilian Embassy in Tegucigalpa, where he has sought refuge, Zelaya said he believed his reinstatement as president was imminent.

Manuel Zelaya, Honduran ousted President, said, "We are appreciative of the support we have received from the people, from the international community to begin this process of imminent reinstitution which translates into national reconciliation and democracy. To all of you, thank you and until victory."

Zelaya's reinstatement will be finally based on the Supreme Court and Congress's decision. The Supreme Court had earlier rejected Zelaya's reinstatement.

Zelaya was flown out of the country by soldiers on June the 28th, but slipped back into the country in September.