Proposal to Bring Forward Presidential Elections

In search of a solution to the crisis that has Nicaragua on tenterhooks, the business sector has asked Ortega to bring forward presidential elections in an orderly manner and with a renewed Electoral Council.

Thursday, May 31, 2018

In a letter signed by the main Nicaraguan business leaders, the private sector demands that President Ortega stop the violence against the demonstrators and call presidential elections early, as a last step to begin to solve the crisis in which the country has been immersed since mid-April.

The letter is signed, among others, by the entrepreneurs Ramiro Ortiz Mayorga, Roberto Zamora, Carlos Pellas, César Augusto Lacayo, and José Antonio Baltodano. In the view of Cosep's advisers, these measures will allow Nicaragua to recover its governance, peace and peaceful coexistence.

See also: "Nicaragua: Economy Suffers"

In addition, the leadership of the Cosep urged all associate members and those of the private sector who hold positions in committees, commissions or boards of public institutions, to hand in their resignations immediately. See communication by the the union.

See: "Hotels close due to crisis" reports that "... Miguel Zavala, another of Cosep's advisors, told El Nuevo Diario that although his signature was not included in the letter, since he is out of the country, he fully endorses the content of the letter. In light of the magnitude of this crisis, we urge you to make every effort that is within your reach to find a peaceful way out, before we become immersed in an even more tragic situation where extremes of polarization could arise which have caused so much damage to our country'."

More on this topic

Businessmen Attacked in Nicaragua

September 2019

After motorized paramilitaries attacked a group of businessmen with firearms on September 7, the productive sector asks the government to clarify the facts "in an objective and truthful manner.”

The violent aggression was directed at the Cosep delegation and the Civic Alliance, made up of José Adán Aguerri, Michael Healy and Álvaro Vargas, who accompanied journalists Jaime Arellano and Aníbal Toruño on a visit to the city of León, reported the Superior Council of Private Enterprise (Cosep).

Home Sales: Unsatisfying Forecasts

June 2019

Businessmen in Nicaragua estimate that this year the sales of houses will not exceed one thousand units throughout the country, which is explained by the economic situation that the country has been living for fourteen months now.

Although in April 2018 the political and social crisis broke out in the country, builders managed to sell 3,108 homes last year, but the figure was 34% lower than the 4,738 homes sold in 2017.

Crisis in Nicaragua: National Strike Announced

June 2018

In response to the rupture of the dialogue on the part of the Ortega administration, companies and citizen organizations have called for a national strike on Thursday, June 14.

Demanding the cessation of repression by the Government and the resumption of the National Dialogue, social and business organizations, called for a general strike to take place tomorrow. 

Nicaraguan Private Sector Expecting ‘Continuity’ from Government

November 2011

The private sector hopes to continue working 'closely' with the Government, maintaining the current 'close relationship'.

The re-election of Daniel Ortega has not worried the business sector, and they hope to continue working as before.

Mario Amador, representative of the Chamber of Industry, and the Superior Council of Private Enterprise (COSEP) also said they expect a consensus on the laws that are to be approved in the future.

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