Filed Under: [ Business ] [ Hispanic News ] [ Non-US News ]
Tags: latin america, Nicaragua
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“Nicaragua, Latin America’s second-poorest economy after Haiti, will likely face increased uncertainty after the election of Daniel Ortega as president. Ortega, an early critic of the CAFTA trade pact with the United States, has signalled that he wants to renegotiate parts of the treaty.
“We would view anything that would alter Nicaragua’s full participation in the regional trade accord as negative for the country,” Bear Stearns analyst Franco Uccelli said in a commentary.”
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