- Paying the bills -

Nicaragua – Cuba Trade Agreement Now In Effect

639x360_1418179983_RODRIGO MALMIERCA EFETODAY NICARAGUA – The agreement that allows Nicaraguan products such as food and construction materials to enter the island with tariff preferences up to 100% has come into effect.

The Ministry of Foreign Trade and the Ministry of Finance and Prices in Cuba has approved the entry into force of the trade agreement signed in March, in which tariff preferences of different grades are established on products such as food, construction materials, accessories and utensils.

Elnuevodiario.com.ni reports that “… The tariff preferences are being extended to a number of products, including food, building materials, accessories and utensils. Up to 100% tariff preference are permitted on products that meet the standards and requirements, but it is not specified what is included in the list … In other cases the preferences are set in a range from 30 to 80%. ”

- payin the bills -

“… The annual trade between the two countries has exceeded $2 million in recent times, in contrast to their good political relations. ”

Source: elnuevodiario.com.ni

Related Articles

Ortega authorizes signing a cooperation agreement on atomic energy with Russia

TODAY NICARAGUA (EFE) Nicaragua's Sandinista president, Daniel Ortega, authorized this Friday...

Nicaragua extends price freeze on fuels

TODAY NICARAGUA (EFE) The Government of Nicaragua extended by one week...


- paying the bills -

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua 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.