These were statements by the vice president, after diplomatic representative from Chile, Hernán Mena Taboada, announced that his country is ready to sign the FTA with Nicaragua.
Elnuevodiario.com.ni reports, "The history of the treaty with Chile dates back to the Second Summit of the Americas held in Santiago de Chile in April 1998, where Presidents of the Republics of Chile, Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua agreed to initiate the process of hemispheric integration through direct negotiations.”
Following the exchange of notes of ratification, the Free Trade Agreement between the two nations will become effective on 19 October 2012.
A press release from the Foreign Ministry of Nicaragua reads:
An exchange of letters on the bilateral Nicaragua-Chile protocol, a Free Trade Agreement between Chile and Central America, was held this morning between the foreign minister, Samuel Santos López and the Chilean Ambassador in Spain, Mr Hernan Mena Taboada.
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