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Nicaragua and European Union EU sign new cooperation agreements

Tuesday, December 14, 2010

The Nicaraguan government and the European Union signed new cooperation agreements of 25.6 million euros ($34.2 million) to support small- and medium-sized enterprises and to create a food security program.

Some 15.1 million euros would be distributed by the Development, Industry and Commerce Ministry to strengthen the competitiveness of small firms in Nicaragua.

Some 10.5 million euros (14.06 million dollars) would be offered to the Agricultural Technology Institute to support a program to produce seeds and basic grains.

Original source: People’s Daily