Textile buyers start to give Nicaragua a miss

Two of the 10 leading buyers of textiles from Nicaragua's free-trade zones are switching purchasing orders to Guatemala and Honduras because truckers have paralyzed operations in the nation's ports.

Thursday, May 15, 2008

"There's not a single container that can be moved and the buyers have begun to withdraw their orders," said Carlos Pérez, president of the Nicaraguan shipping agents' association.

More on this topic

Business leaders plead for end to Nicaragua transport strike

May 2008

Business leaders in Nicaragua called on the government to put an end to the 10-day-old strike by truckers and bus drivers.

The strike has already led to shortages that are fueling inflation. With access blocked to Managua and several provincial towns, fuel supplies were running short at power plants and factories were without basic raw materials.

Nicaragua and Venezuela Create Binational Food Company

July 2011

The two governments have formed the company "Grannacional de Alimentos", which will channel exports from Venezuela to Nicaragua.

Initially, the organization will handle exports of foods such as jam, banana, fruit juices, milk, tuna and cocoa powder.

Juan Carlos Jimenez, president of the Venezuelan Food Corporation, explained: "We have under agreement with Nicaragua imports of beef, long life milk, and coffee, among other things, and also we have established strategies to ensure other requirements of agricultural items for our country in the coming months . "

Nicaragua transport strike erupts in violence

May 2008

The nine-day-old strike by bus drivers and truckers exploded into violence in which 15 police officers and 50 other people were injured.

The violence broke out when riot police moved in with tear-gas to break up a blockade by the strikers of the Pan-American Highway. Strikers fought back with stones and machetes.

Americans warned to beware of violence in Nicaragua

May 2008

The US embassy in Managua warned Americans to beware after a series of attacks on US residents and visitors. They should also be careful to avoid transport protests, it added in a statement.

The embassy said that on two occasions Americans were robbed and kidnapped on their way to Granada from the Managua airport. The assailants were dressed in police uniform, it added.

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