Nicaragua Abandons Negotiations with Europe

The cause was the rejection of the Nicaraguan demand for 60 billion Euros in cooperation for the region by European negotiators.

Wednesday, April 1, 2009

While the news has not been officially confirmed, the Nicaraguan negotiators have already withdrawn from the Intercontinental Hotel, the venue of the talks. How the process will continue is also not known since Europe has insisted from the outset on the need to negotiate as a bloc. reported that "although it was learned that the neighboring nation was leaving the political dialogue and negotiation table, its members will remain at the trade table.

More on this topic

Nicaragua Agrees to Return to Negotiations with EU

April 2009

The Nicaraguan Vice Chancellor indicated that the country will listen to new proposals for the regional fund in the meeting in Brussels.

In confirming Nicaragua’s attendance at the "informal meeting" between the chief negotiators of the European Union and Central America in Brussels next Thursday and Friday, Manuel Coronel, Vice Chancellor and head of the Nicaraguan negotiators, indicated they are open to “other scenarios that might favor Central America."

Nicaragua to Attend Meeting with EU in Brussels

April 2009

Following the announcement by the Europeans of their willingness to "listen carefully" to its requests, Nicaragua is going back to the Partnership Agreement process.

Nicaraguan negotiators had abandoned what was the seventh round of talks for the Association Agreement between Central America and the European Union because its proposal to create a 60 billion Euro common fund for economic and financial assistance had failed to be tabled for discussion.

EU Has Trouble Reaching Agreements with Latin American Blocs

April 2009

The problematic attempts by the European Union to reach trade agreements with Mercosur and CAN are bad precedents.

The Association Agreement between Central America and Europe, interrupted in Honduras yesterday when the Nicaraguan negotiators left what was the seventh round of negotiations between the parties, adds itself as unfinished business to the others Europe is attempting to negotiate with the Southern Common Market (MERCOSUR), comprised of Argentina, Brazil, Paraguay and Uruguay and the Andean Community of Nations (CAN).

EU Hopes Nicaragua Will Reconsider Its Position

April 2009

The European Commission regretted Nicaragua's withdrawal during the seventh round of negotiations for the Association Agreement and announced that it will evaluate the situation.

The VII round of negotiations for the Association Agreement between the European Union and Central America should have concluded this coming Friday and it was estimated that it was possible to have a final signature on the Agreement in the first half of 2010.

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