Wednesday, 25 November 2020

Trade Between Cuba and Nicaragua

552ac8ac-4a4c-4946-b0de-9748241e7659-2TODAY NICARAGUA – The private sector and the governments of both countries have started talks to put into place the partial agreement which came into force in November 2014.

A Cuban delegation composed of 9 representatives from the government and entrepreneurs from the private sector will be visiting Managua with the aim of coordinating with the Nicaraguan government implementation of the agreement, which establishes the possibility of achieving up to 100% of tariff exemptions on some products.

The Deputy Minister of Industries in Cuba, Eloy Alvarez told eleconomista.net that “… This agreement will establish a differential treatment for domestic and foreign companies located in the zone, guaranteeing a special scheme, which includes tax, customs, labor and banking incentives. ”

- Advertisement -

Meanwhile, the executive director of the State Agency for Investment Promotion (ProNicaragua), Javier Chamorro, added “… We want to enhance economic ties, trying to increase the bilateral trade flows we have with Cuba, trying to develop investment projects by Nicaraguan firms in Cuba and Cuban enterprises in Nicaragua. ”

Source: elnuevodiario.com.ni

- Advertisement -
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Conduct These Three Internal Analyses To Select The Right Edtech Tool

Using edtech tools has almost become a necessity. Modern learning styles...

Costa Rican Betcris is Becoming the MLB Official Wagering Partner 

Major League Baseball (MLB) took a giant stride forward in its...

MOST READ

Dengue cases in 2020 already exceed all cases in 2019

QCOSTARICA - As the Minister of Health, Dr. Daniel Salas, remarked Friday during the noon press conference from Casa Presidencial, "Dengue has not taken...

19 dead and 45 injured in traffic accident in Waslala, Matagalpa

TODAY NICARAGUA – The overturning of a truck left 16 people dead and 45 injured in the community of Ocote Tuma, in the municipality...

Limonal and Cañas expansion six months behind schedule

QCOSTARICA - The 21 km extension, better yet, expansion, of the Interamericana Norte highway between Limonal and Cañas should be delivered, if no further...

New atmospheric disturbance could intensify rains in Costa Rica this weekend

QCOSTARICA - In what could be the last blowout of the rainy season, a new atmospheric disturbance, tropical wave #53, located to the south...

The bicycle, fashion in Costa Rica in times of covid-19

QCOSTARICA - The bike (bici in Spanish), in fact, along with masks, face shields, alcohol gel and hand washing liquid soap, is one of...

Canada’s largest city going on Covid lockdown

QTRAVEL - Canada's Prime Minister, Justin Trudeau, on Friday warned so-called Canadian "snowbirds," many of whom travel to the US and Mexico during Canadian...

Let's Keep This Going!

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

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.