U.S. Asks Nicaragua To Improve Business Climate

In order to receive more foreign investment and take advantage of the benefits introduced by DR-CAFTA, Nicaragua must improve its business climate.

Tuesday, March 17, 2009

This was the message conveyed by Walter Bastian, U.S. Commerce Sub secretary, who remarked that Nicaraguan exports to the U.S. have increased 37% in the four years of DR-CAFTA, going from $500 million to $1.39 billion in 2009.

Bastian remarked that “there has been more trade, but it could be much more if the Government creates a framework for companies to take advantage of the U.S. market”.

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