Monday, 26 October 2020

Nicaragua Confirms Agreement with South Korea

Nicaragua is the first Central American country to establish a date of entry into force of the Free Trade Agreement (FTA) with South Korea, which is agreed for October 1, 2019.

After it was announced on the night of August 2 that the National Assembly of South Korea ratified the Free Trade Agreement signed with Central America, Nicaragua was the first country in the region to complete the procedures for entry into force.

- Advertisement -

On August 7, Foreign Minister Denis Moncada, Minister of Development, Industry and Commerce Orlando Solórzano and Ambassador Choi Young-Sam of the Republic of Korea exchanged official notes announcing that the internal procedures in each country for the entry into force of the Free Trade Agreement between the Republic of Korea and Central America have been complied with, informed the Nicaraguan government.

After two years of negotiation, the Treaty concerned was signed in February 2018 by El Salvador, Panama, Honduras, Nicaragua and Costa Rica. In the case of Guatemala, it negotiated the FTA with South Korea on a bilateral basis.

 

- Advertisement -

See letters of notification.

Article originally appeared on Today Nicaragua and is republished here with permission.

- Advertisement -
Q24N
Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

It’s official: Volaris will resume flights in Costa Rica

QCOSTARICA - After months of having its wings clipped by the...

Ortega Murillo forutne “injured” after devastating blows by US sanctions

TODAY NICARAGUA – In less than two years, the sanctions issued...

MOST READ

Legislator: “There is no prostitution anymore because there is no tourism”

QCOSTARICA - In the middle of the discussion about the project to revive trawling on Thursday, independent legislator Zoila Rosa Volio was very critical...

Panama obtains credit at 2.2%; Costa Rica however at 8.3%

QCOSTARICA - The realities of having bad credit. While the government of Panama got foreign investors to lend it US$1.25 billion in September at...

Fall in fuel sales due to pandemic to affect canton road works

QCOSTARICA - The 82 cantons across Costa Rican could face 2021 marked by the deterioration of local roads, due to the fall in resources...

CCSS hires 4,000 temporary employees to reinforce the fight against COVID-19

QCOSTARICA - More than 4,000 temporary workers join the payroll of the Costa Rican Social Security Fund (CCSS) to face the care of the...

Security resumed mega-operations this Saturday

QCOSTARICA - This Saturday, October 24, the Ministry of Public Security (MSP) resumed mega-operations throughout the country. On Saturday night, the Fuerza Publica (national police),...

COVID-19 in Costa Rica: 1,503 new cases for Wed October 21

QCOSTARICA - Following a drop in the new cases daily since Sunday, there was a spike on Wednesday, with the Ministry of Health reported...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Article originally appeared on Today Nicaragua and is republished here with permission.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.