Entrepreneurs from the South American country are interested in exporting appliances, seafood and wood products to the Nicaraguan market.
The goal of the Nicaraguan-Ecuadorian Chamber of Commerce, Industry and Commerce (Caniec) is to take full advantage of the partial scope trade agreement signed by both countries last year.
The Chamber of Commerce of Dubai will be setting up a regional office in Panama, from where it also intends to explore business in other countries of the region.
From a statement issued by the Ministry of Industry and Commerce of Panama:
MICI 27-2-2018.The Ministry of Commerce and Industry (MICI) and the Chamber of Commerce of Dubai have signed a Memorandum of Understanding for the establishment in Panama of a regional site for this organization, taking advantage of the connectivity, logistics platform and services that make us the Great Connection of Latin America, which makes us the perfect complement to Dubai, which operates as the main hub of the Middle East.
Nicaraguan entrepreneurs together with the French Embassy in the country created the union with the aim of improving and facilitating trade between the two nations.
This new institution is composed of Nicaraguans and French companies seeking to develop and create new business opportunities between the two countries. In 2014 Nicaragua exported to France about $40 million worth of products, while France sold Nicaragua about $50 million worth.
The Nicaraguan-Korean Association for Development is looking to promote investment in agribusiness and automotive areas.
The Nicaraguan private sector is keen to attract investors from the Asian nation for its agribusiness and automotive areas. According to Soon Taen Kim, the outgoing Ambassador of South Korea in Managua, these opportunities exist, however, what is lacking is a promotion mechanism between both countries with this mission.
The Union of Central American Bi-National Chambers of Commerce, Industry and Mexican Investment has been formally established.
Ucabicimex is "formed by the Chamber of Industry and Commerce of Costa Rica - Mexico (Cicomex), the Salvadoran - Mexican Trade (Chamber Casalmex), the Guatemalan - Mexican Chamber of Commerce and Industry (CAMEX), the Honduras - Mexico Enterprise Chamber ( CEHM), the Mexico - Costa Rica Enterprise Chamber (Camexcr), the Mexico - El Salvador Enterprise Chamber (Camexsal), the Mexico - Nicaraguan Enterprise Chamber (Camenic) and the Mexico - Panama Chamber of Commerce (Camexpa) ", reported Nacion.com.
The new Nicaraguan - Brazilian Chamber of Commerce unites Brazilian and Nicaraguan entrepreneurs and investors.
Enrique Zamora, General Manager of the agricultural company Agropecuaria LAFISE SA and Chairman of the new chamber said: "Nicaragua has received many benefits from Brazil and is now looking to further strengthen these relations and to promote Nicaraguan exports to that country and the southern region. "
The Chamber of Commerce (ICC) has launched a new version of the rules of arbitration, which will become effective from the first of January 2012.
The new version aims to improve the current and future needs of companies and governments involved in trade.
The Arbitration Rules 2012 remains true to the values and preserves the essential characteristics of ICC arbitration, while adding new provisions to address such topics as contracts and disputes involving multiple parties, updating procedures for