The need has disappeared for an procedure for granting an annual waiver which used to be a restriction on bilateral assistance and support for international loans to Nicaragua.
The US Embassy in Nicaragua reported that "... The United States recognizes the work of the current government administration 'to resolve pending claims in an expeditious and satisfactory manner.' "
Although there are cases still pending, the resolution of 52 claims made by 28 Americans is the reason that the country has been granted with a Property waiver until July 2015.
The United States Government has granted Nicaragua the so-called "property waiver".
Expressing its concern at the deterioration of the rule of law in Nicaragua, and the 337 cases of claims by American citizens that their property had been confiscated, the United States today approved a so called property waiver, which in practice means that it will support international agencies which the Nicaraguan government seeks loans from.
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