Between $45 million and $50 million more is the estimated amount that will have to be paid by freight business to ensure the trucks to comply with amendments to the Law for the Traffic Circulation Plan and Traffic Violations.

Marvin Altamirano, president of the Association of Freight Carriers of Nicaragua, told Elnuevodiario.com.ni that "... this will have negative repercussions for users of freight transport, as these costs will be passed on to consumers. 'We estimate that the State will receive between $45 million and $50 million just from the increase in the payment of this insurance.'"

"... According to Altamirano, Central American carriers will also be affected because they currently have to pay for insurance that costs $12 each time they enter the country, and the cost of this will also increase from Monday 4 August."

Source: elnuevodiario.com.ni

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