Nicaragua: Trade Between Free Zone and Local Businesses

A proposal put forward by the textile sector seeks to generate trade between national and free zone companies, starting with the possibility that the latter provide raw materials to local companies.

Friday, April 21, 2017

The objective of the Nicaraguan Association of Textiles and Confection of Free Zones (ANITEX) is to generate greater links between the companies that operate under the regime and those in the national market. 

See also: "Textiles and Supplies Market in Central America"

Dean García, president of ANITEX, explained to that "...The first stage of this initiative is to start with the simple fact that free zone companies are suppliers of raw materials for local companies. This will not mean unfair competition for national companies, Garcia said. For example: in the category of labels, these are products that are imported. A lot of Nicaraguan companies import their labels from Honduras."

"... "All the Tricotextil labels are imported from Honduras, why don't we substitute these imports with local production?" asked the owner of ANITEX. "It is a product that is not made by any local company and therefore it will cause any not damage, we are starting there, with the easy things'."

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