Nicaragua and Thailand Aim to Increase Trade and Investment

Nicaragua already exports products worth $1,300,000 to the Asian country and is keen to promote its agriculture and tourism sectors.

Wednesday, January 11, 2012

An official Taiwanese delegation headed by Deputy Foreign Minister Nonrischai Jullapong, visited Nicaragua to attend the inauguration of the second term of President Daniel Ortega and discuss business opportunities.

Local officials will be interested in highlighting the investment potential in agriculture and tourism, said Alvaro Baltodano, presidential delegate for investment. "We are convinced that Thailand is a country that is going to develop investments in Nicaragua and a trade relationship between the two countries will begin to be developed and established," said Baltodano, in an article on Laprensa.com’s website.

According to La Prensa, the Central American country exported products worth $1,312,960 to Thailand in 2011.

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