ISDS Case Map
Nicaragua
Venezuelan and Nicaraguan officials met in Managua on Wednesday to deepen bilateral economic ties with the goal of fostering import substitution, promoting Latin American integration, and creating an economic alternative to US-dominated free trade agreements.
tThe new law establishes a legal framework to regulate the participation of transnational companies and help local organizations and governments to restore local food culture and peasant agriculture despite the CAFTA-DR "free" trade agreement
On April 1, Nicaragua withdrew from FTA talks with the EU in Honduras as it failed to gain support of other Central American countries on the fund proposal for regional development, in which it suggested the EU accounts for 90 percent and Central America 10 percent. Nicaragua accused Costa Rica of demanding "in the last moment" to review the proposal.
The government of Nicaragua is working on a proposal on the role of the company "Gran Nacional ALBA Alimentos." Organization of the venture was agreed some days ago in Cuba by member countries of Petrocaribe, a Caribbean alliance with Venezuela to buy oil under special payment terms and conditions, DPA reported.
Taiwan and Nicaragua ratified their free-trade agreement in Taiwan Thursday, further liberalizing trade.
A review of the first six months of the new Sandinista government and the support from allies through ALBA.
Ortega continues to condemn the destabilization plans on the part of the government in Washington, and in the last few weeks has attacked the Free Trade Agreement signed by his country with the United States
After the emerging disaster of CAFTA, Central American countries recently launched into a new round of trade negotiations, this time with the European Union.
The countries that make up the Bolivarian Alternative for the Americas (ALBA) trade block met in Venezuela this Wednesday for a meeting of the ALBA Ministers. The meeting set forth some of the future integration projects, the organizational structure, and the countries agreed on the formation of an ALBA development bank.
Nicaragua has began the negotiations to establish a free trade agreement with the Caribbean Community (CARICOM), according to Nicaraguan Promotion, Industry, and Trade Minister Horacio Brenes.
