Nicaragua Negotiating Lower Tariffs with China

The two countries are negotiating a special arrangement in which tariffs will be reduced.

Friday, December 17, 2010

That is reflected in the cooperation agreement signed between the World Business Council for Promoting Economic and Trade Relations with China (CEFECH) and the Association of Friends with the Peoples Republic of China (Pro-NicaChina).

"Although Nicaragua's ambition is to obtain a free trade agreement (FTA) with China, Bayardo Arce, coordinator of Pro-NicaChina, acknowledged that it won’t be easy, so an alternative agreement is been negotiated providing preferential tariffs for Nicaraguan exports,” reports Laprensa.com.ni.



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El Salvador - Ecuador Trade Agreement Signed

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From a statement issued by the Ministry of Economy of El Salvador:

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