Back

Economy & Business - February 2024

NICARAGUA: Government steps in after key coffee buyer declares bankruptcy

On 12 January the Nicaraguan government led by President Daniel Ortega seized the assets of CISA Exportadora, the largest buyer of the country’s coffee, after its parent company, Netherlands-headquartered Mercon Coffee Group, declared bankruptcy the previous month and plunged the vital sector into crisis.

End of preview - This article contains approximately 1178 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.