Nicaragua Agrees to Return to Negotiations with EU

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

Tuesday, April 21, 2009

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."

Marvin Barquero wrote for Nacion.com: "Nicaragua withdrew from talks between the EU and Central America during the seventh round of negotiations that took place in Tegucigalpa, Honduras. The withdrawal was due to the lack of support for Nicaragua’s proposal to establish a 60-billion-Euro regional financial economic fund."

More on this topic

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.

Costa Rica and Nicaragua: discussion over Parlacen

February 2009

The negotiations for the Association Agreement between Central America and the European Union are the stage for mutual accusations.

The persistent refusal by Costa Rica to integrate the Central American Parliament and the Central American Court of Justice is at the center of the obstruction allegations in the negotiations of the Regional Agreements with the European Union, which should be finished by May of this year.

Central America - Europe agreement could be completed by May

January 2009

The Agreement of Association between two block of nations will be the first such agreement signed by the European Union.

The Costa Rican Ministry of Foreign Affairs reported that Central America is ready to close the negotiation of the Agreement of Association with the European Union (EU) by next May, becoming the first zone in the world with which Europe will have complete a successful agreement (block to block).

Central America presses Europe for community credit

April 2008

Central America is seeking the European Union's backing for the establishment of a joint fund to reduce regional poverty and promote development and socio-economic growth.

The proposal came from the Central American bloc at the third round of talks on an accord with the European Union. The EU's representatives reacted positively, but the proposal is subject to approval in Brussels.

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