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Nica Trade export project stalled

Tuesday, September 30, 2014

Nica Trade, a project for Nicaraguan small companies to package and store their goods, as well as carry out export procedures, has been stalled.

The initiative received funding worth $714 million from the Netherlands, while the land was given by the centre for exports and imports, CEI.

However, the project was stopped due to a change in administration at CEI, and will have to wait for the authorities to determine its feasibility.

Source (in Spanish): La Prensa