Category: Nicaragua 🇳🇮

Nicaraguan Government Promotes Transportation Modernization with the Acquisition of 500 Buses from Chinese Company Yutong

The Nicaraguan government has entered into an agreement with the Chinese company Yutong to purchase 500 brand-new buses. This agreement comes as part of the Sandinista government’s efforts to strengthen and enhance urban and rural transportation across the country.
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Nicaragua and China are close to concluding an FTA to boost bilateral trade

Nicaragua has announced its continued progress in the negotiations of a Free Trade Agreement (FTA) with China, with expectations of finalizing it by August and implementing it in January 2024. The FTA, considered “state of the art” by Nicaraguan Minister of Development, Industry, and Commerce Jesús Bermúdez, covers a wide range of issues.

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Daniel Ortega promotes the presence of China and Russia in Central America: Geopolitical shifts in the region

Nicaraguan President Daniel Ortega has proposed the inclusion of China and Russia as observers in the Central American Integration System (SICA) and the expulsion of Taiwan from the regional organization. During a meeting with the China International Development Cooperation Agency, Ortega emphasized that the majority of countries in the region have already recognized the government of the People’s Republic of China.

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Nicaragua and China, ever closer

Nicaragua’s Vice President, Rosario Murillo, has stated that China will grant a disbursement of USD $60 million for the development of a housing construction program. This disbursement is coordinated by the China International Development Cooperation Agency.
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Nicaraguan vice president welcomes new Chinese ambassador to Nicaragua

Rosario Murillo, Vice President of Nicaragua, welcomed the new ambassador of the People’s Republic of China, Chen Xi, together with his wife, Xhang Qing.
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Nicaragua intends to sign a Free Trade Agreement with China by 2023

Nicaraguan Minister of Development, Industry and Commerce, announced that the two countries already have a proposal for a legal framework to negotiate a Free Trade Agreement (FTA) with China.
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New Ambassadors to Nicaragua and China appointed

Rosario Murillo, informed on June 1st of this year that the PRC has appointed “Chen Xi” as new Resident Ambassador and Plenipotentiary in Nicaragua.

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China to provide approximately US$60 million for housing program in Nicaragua

As part of the re-establishment of the diplomatic situation between Nicaragua and the People’s Republic of China (PRC), a series of agreements have been signed to benefit the Central American country. Among these is the “great housing program” that has been underway since February 2022.

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Nicaragua signs agreements with Chinese News Media

On December 9, 2021, Nicaragua acknowledged the government of the People’s Republic of China. Almost three months later, Daniel Edmundo Ortega Murillo, Media Coordinator of the Communication and Citizenship Council in Nicaragua, signed three Agreements with Media Groups and News Agencies of the People’s Republic of China.
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First cooperation project between Nicaragua and China

On December 9, 2021, after three decades of diplomatic relations with Taiwan, Nicaragua recognized the government of the People’s Republic of China. President Xi Jinping sent a delegation to the Central American country to conclude a new agreement. This will be the first cooperation project between the two countries and consists of a housing program.
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