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US Eliminates Property Waiver

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The need has disappeared for an procedure for granting an annual waiver which used to be a restriction on bilateral assistance and support for international loans to Nicaragua.

The US Embassy in Nicaragua reported that “… The United States recognizes the work of the current government administration ‘to resolve pending claims in an expeditious and satisfactory manner.’ ”

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The statement issued by the embassy says “… “We recognize and appreciate the determination shown by the Government of Nicaragua in recent months to resolve outstanding claims in an expeditious manner satisfactory to all parties. We hope the government of Nicaragua will make greater efforts to resolve complaints that do not fall within Section 527 ‘. ”

Elnuevodiario.com.ni reports that “… The president of the Superior Council of Private Enterprise, COSEP, Jose Adan Aguerri, welcomed the announcement by the United States. ‘Positive news on the respect for private property and support for international lending to Nicaragua.'”

Source: elnuevodiario.com.ni

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