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LatinNews Regional Monitor: Caribbean & Central America - 20 April 2017

NICARAGUA: US continues to pile on the pressure

Earlier this month US legislators announced they were reactivating a bill known as the Nicaraguan Investment Conditionality Act (NICA). It is the latest version of the initiative approved by US House of Representatives in September 2016 which would prevent the government led by President Daniel Ortega from accessing international financing until reforms are implemented that “promote democracy, strengthen the rule of law, respect human rights, and until Nicaragua holds free, fair, and transparent elections overseen by electoral observers”. The initial NICA [RC-16-10] was drawn up in response to concerns surrounding the November 2016 general elections in which Ortega was re-elected for the ruling Frente Sandinista de Liberación Nacional (FSLN) in a highly questioned process. Prompting an angry response from the FSLN government, the US legislators’ latest move shows Ortega’s efforts to address these democracy-related concerns have ultimately failed to convince.

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