Israel and Nicaragua Resume Relations

The decision taken by both governments to restore the diplomatic relations, which were suspended in 2010, has opened the door to promotion of Israeli investment in the country.

Friday, March 31, 2017

The announcement was made through a statement issued jointly by the two governments. The restoration of diplomatic relations could bring positive consequences for the Nicaraguan economy by facilitating the arrival of investment to the country by Israeli companies.

The President of the Superior Council of Private Enterprise (COSEP) told Elnuevodiario.com.ni that "...`This is the right step. In Nicaragua we already have Israeli investments, and the doors could be opened to attracting new investors'."

More on this topic

Goodbye Taiwan, Hello China

June 2017

Panama's decision to establish diplomatic relations with the People's Republic of China is a promising step towards turning the country into a gateway for investments by the Asian giant in the region.

EDITORIAL

Although Panama is not the first country to break diplomatic relations with Taiwan in order to establish them with China, with Costa Rica having done so in 2007, it is the only country in the region that has the necessary logistical and commercial conditions to become an ideal platform for Chinese investments.

Panama and Arab Emirates: Investment Protection Agreement

November 2014

The government has announced that it will open an embassy in Iraq, and has started negotiations to abolish visas, arrange investment protection and study a commercial airline connection.

From a statement issued by the Ministry of Foreign Affairs of Panama:

During an official visit to the city of Abu Dhabi (UAE), the Vice President and Chancellor Isabel de Saint Malo de Alvarado and his UAE counterpart agreed to an exchange of embassies between Panama and the United Arab Emirates, seeking to strengthen and expand diplomatic relations between the two countries. With the same objective, the Minister of Foreign Affairs of the UAE raised a possible visit to Panama by the Crown Prince in 2015.

Nicaragua Opens Embassy in South Korea

July 2014

On November 8 credentials will be presented to the South Korean government and efforts will start on promoting Nicaragua as an investment destination.

Elnuevodiario.com.ni reports: "...The foreign minister of Nicaragua, Samuel Santos, confirmed yesterday that Nicaragua will open an embassy in South Korea, and Jorge Arnesto Alm will be the ambassador to China, after presenting his credentials on November 8. "

Panama and Venezuela Normalize Relations

July 2014

Both governments agreed to reopen the corresponding diplomatic missions and resume trade relations starting July 1st.  

Nicolás Maduro's government suspended political and trade relations with the Panamanian government on March 5, denouncing political interference from former President Ricardo Martinelli.

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