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Key FactsU.S. Economic Support Fuels Nicaragua’s Regime Stability
Feb 18, 2023 · Reading time: ~45 sec.
Summary created with AI assistance · Source: miamiherald.com
  • Nicaragua’s exports to the United States increased from $3.2 billion in 2017 to $5.7 billion in 2022.

  • The country benefits from the 2006 CAFTA agreement, with exports to the U.S. representing about half of total exports.

  • Despite sanctions and international criticism, Ortega’s regime continues oppressive measures including political persecution.

  • Suspending CAFTA risks massive job losses and could intensify undocumented migration to the United States.
  • It's untenable to have a free-trade agreement with the Nicaraguan regime right now. Ortega knows that the United States is not ready to take strong actions against him, so he continues to radicalize.
    — Eric Farnsworth, head of the Washington office of the Council of the Americas and a former State Department official dealing with Nicaragua, commenting on U.S. trade ties and sanctions.