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Saturday 25 October 2008, San José, Costa
Rica
Nicaragua Signs EU
Agreements
MANAGUA - Nicaragua
signed on Friday several
agreements with the
European Union (EU) that
aimed at improving
business and investments
in the nation and giving
budget support to
education.
According to Foreign
Minister Samuel Santos,
an initial outlay of 10,
700 000 euros will be
ascribed to the
initiatives, part of the
EU 2007-2013 cooperation
for a total 214 million
euros.
"The agreement is highly
significant for both
parts because it shows
confidence in and
acknowledgement to the
government of
Nicaragua", said Santos.
"Some sectors not only
aim at affecting the
governmental image and
efforts but, above all,
the poor and working
people who will benefit
from the EU
cooperation", added the
foreign minister.
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