Nicaragua
Urges EU To Set Up Co-op Fund To Help
Central America's Development
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Nicaragua
Urges EU To Set Up Co-op Fund To Help
Central America's Development
Managua - Nicaraguan President Daniel
Ortegaon Wednesday called the European Union
(EU) to set up a regional cooperation fund
to help reach a fair and balanced
association agreement on trades.
Ortega made the call shortly after the
country's delegation withdrew from the
recent round of trade talks between Central
America and the EU.
If the EU wanted an integration and customs
unit in the region,it is necessary to
compensate the countries that are still
having a low level in this field, and reach
a point of balance, Ortega said during his
visit to the northerner area hit by
earthquakes recently.
Ortega said Nicaragua has a constructive
position and it defends the interests of the
businessmen, the producers and the social
sectors.
The 7th round of talks on an association
agreement between Central America and Europe
started in Honduras on Tuesday, in an effort
to break the deadlock over several trade
issues. But it was suspended on Wednesday
after Nicaraguan delegation withdrew the
negotiations.
Nicaraguan delegation had put forward a
similar proposal during the talks, and
demanded regional support, but some
countries opposed it.
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