Russia and Nicaragua Sign Fisheries Agreement

Governments have agreed to promote investments in binational fishing projects in the maritime waters of the Central American country.

Thursday, March 3, 2016

A further agreement strengthens the economic relationship between Russia and Nicaragua, this time to promote binational investment and improve technologies in fisheries projects.

See also: "More Russian Investments in Nicaragua?"

Elnuevodiario.com.ni reports that "... the governments of Nicaragua and Russia signed an agreement in Managua for the development of fisheries projects in maritime waters of the Central American country. The agreement was signed by the representative of the official investment promotion agency of the Government (ProNicaragua), Laureano Ortega, and the deputy head of the Federal Fisheries Agency of Russia, Vasili Sokolov ".

See also: "Nicaragua: Airline Flag Backed by Russian Capital"

"... At the basis of our cooperation is first of all scientific exploration, assessment of a resource development strategy and management of this resource, it is what will allow us to leverage, in the long term and very efficiently, the wealth available in Nicaragua seas, said Sokolov. "



More on this topic

Nicaragua: Preparations for Trade Mission to Russia

January 2014

Companies from various sectors will make up the group which will travel to Russia this year on a trade tour.  

The businessmen will be making the trip in search of new business opportunities and in order to strengthen economic cooperation.

According to the ambassador of the Russian Federation, Vladimir Nikolay, Nicaraguan agricultural products are those with the greatest opportunities in the Russian market.

Nicaragua Ratifies Agreement on Russian Investments

August 2013

The Agreement for the Promotion and Reciprocal Protection of Investments has been ratified, which promotes financial and trade relations and cooperation between the two countries.

From a press release issued by the National Assembly of Nicaragua

On August 14 the National Assembly unanimously approved the Agreement on the Promotion and Reciprocal Protection of Investments between the Government of the Republic of Nicaragua and the Government of the Russian Federation. This agreement seeks to promote financial and trade relations, and cooperation between the two countries.

Nicaragua after Russian Investment of $600 million

January 2012

The Nicaraguan Government wants to attract Russian interest in production, tourism, education projects and intends to sign cooperation agreements.

Nicaragua wants to attract Russian investments through productive projects, investment protection, education and cooperation worth a total of $600 million, the government said.

El Salvador and Russia sign Cooperation Agreements

October 2010

Both Governments signed a cooperation agreement in areas of science, technology and tourism.

Technical cooperation in disaster areas, more scholarships, promotion of investments, among others, was the result of the first working day which ended earlier today between the Minister of Foreign Affairs of El Salvador, Hugo Martinez, and his Russian counterpart, Sergey Lavrov.

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