There was a reduction of more than $36 million in foreign sales in January 2009, in comparison to the same month last year.
Gustavo Alvarez says in an article on EL NUEVO DIARIO.com: "The growth rate for exports, which in the last few years had a sustained growth of around 20%, started the year with a 27.9% drop. In January 2008, exports totaled 133.9 million dollars, however this January they totaled 97.4%, according to Cetrex.
The consequences only could be offset by investing in education and technology and increase the added value of export products.
"Central American, and Nicaragua in particular, will not escape the wave of unemployment that the global economic crisis will cause around the world. The International Labour Organization estimates that some 20 million jobs will be lost internationally. The Vice president of the International Employers Organization, Dagoberto Lima Godoy, believes that the effects of the problem can only be offset with investment in education, technology and adding value to export products." With this preface, Gustavo Alvarez published his interview with the vice president in the El Nuevo Diario.com.ni daily.
The Government is emphasizing the understanding and agreement between employers, workers and officials on issues like the minimum wage.
Nicaragua seeks to position itself as an attractive and reliable place for foreign investment and to attract innovative projects, states the investment promotion agency ProNicaragua, which is preparing three business forums this year.
PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
Operates in Nicaragua
Phone: (505) 2270 6400
As a Holding Company we are interested in helping other companies to succeed. We do that by investing in other companies with capital and or professional help to allow them to grow in exchange for ownership.
Operates in Panama and Panama
Phone: (507) 7202158
As part of the Agritrade Platform, Guatemala will participate for the 27th time in PMA Fresh Summit, the most important international trade show and convention of fruits and vegetables in the United States, which will take place at Anaheim Convention Center, California from October 17th to 19th.
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786