A new Nicaragua grows as exports boom

“Emerging from the ashes of a devastated state-controlled economy in the 1980s, Nicaragua has quietly reconstructed part of its private sector to become the fastest-growing exporter in Central America.

Fueled by nontraditional products — everything from peanuts and cheeses to frozen beef and hammocks — Nicaraguan exports have increased by an impressive 47 percent over the last three years, according to national export-promotion group NICAEXPORT.”

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