Sat. Apr 20th, 2019

Negotiations in Nicaragua are destined to reactivation, according to businessmen

Negotiations in Nicaragua are destined to reactivation, according to businessmen

The negotiations between the Government and the extraparliamentary opposition to solve the crisis in Nicaragua, suspended Wednesday, are destined to be reactivated, said on Thursday a source from the Superior Council of Private Enterprise (Cosep).

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"The international pressure, the economic reality and the very demand of the Nicaraguan population are going to have to affect" the resumption of negotiations, Cosep president José Adán Aguerri told reporters.

The negotiations were suspended indefinitely by mutual agreement between the parties, because they did not reach agreements on issues of justice and democracy.

These negotiations also failed due to the Government's refusal to comply with the commitments signed last Friday, which consisted in the release of "political prisoners" and respect for the Constitution of Nicaragua in terms of freedom of expression, assembly, mobilization , information and press.

"The international pressure and the economic fall require urgent answers, if not there are no agreements here In the coming days the agricultural cycle will be in serious risk (...) we will then have the entire economy in a situation of impact," added Aguerri , representative of the main business dome of Nicaragua.

In the same sense, the president of the Nicaraguan American Chamber of Commerce (Amcham), Mario Arana, said that the economic crisis depends on solving the internal political conflict.

"If they have (the Government) will to take the country out of the political crisis, that should already be done (...) they know that the country can not stand, nobody is to take their time," said Arana.

The Nicaraguan economy contracted 3.8 percent in 2018, compared to 2017, mainly due to the sociopolitical crisis that erupted in April last year, according to the Central Bank of Nicaragua.

The drop contrasts with the calculations of the Central Bank for 2018, which projected a growth of between 4.5 percent and 5 percent.

Nicaragua showed an economic growth of 4.9 percent in 2017, with inflation of 5.7 percent, according to the Central Bank.

The government of President Daniel Ortega projects a decrease of -1.01 percent this year, according to official data.

Nicaragua is going through a serious crisis that has left 325 dead since April 2018, according to the Inter-American Commission on Human Rights (IACHR), although some groups raise to 568 the fatalities, while the Executive only recognizes 199 and denounces an attempt of coup.


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