Nicaragua and China on Monday formally started trading under a new free trade agreement, allowing the Central American country to export some 71% of its products into the largest Asian market and free of tariffs. Among non-food items included in the agreement are leather, charcoal and wood, and automobile parts. The agreement excludes Chinese goods that could be problematic for the key Nicaraguan industries, such as meat and its offal, coffee, rice and sugar.
Managua, December 22 (Prensa Latina) Nicaragua and China virtually signed the credit agreement for two important projects, which strengthens the strategic partnership that both countries are developing today.
If there is competition between the US and China in the Caribbean region, it will be in the use of soft power diplomacy to resolve problems of general interest.
Opinion -China s Soft Power Diplomacy in the Caribbean caribbeanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from caribbeanherald.com Daily Mail and Mail on Sunday newspapers.
Opinion -China s Soft Power Diplomacy in the Caribbean venezuelastar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from venezuelastar.com Daily Mail and Mail on Sunday newspapers.