No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsLatin AmericaNicaragua's Ortega Empowers Son to Forge China Agreements

Nicaragua’s Ortega Empowers Son to Forge China Agreements

The president of Nicaragua, Daniel Ortega, granted this Tuesday, “full powers” to his son Laureano Ortega to sign agreements with China. “Full powers are granted to comrade Laureano Ortega Murillo, presidential advisor” to sign these agreements, indicated the Nicaraguan government in two presidential decrees published in the official gazette La Gaceta.

Laureano Ortega was authorized to sign a memorandum of understanding with the China International Development Cooperation Agency to oversee the “planning of cooperation” between both countries for the period 2025-2027. He was also authorized to sign an economic and technical cooperation agreement with China.

Laureano Ortega Murillo, 42, is the son of Nicaragua’s president and his wife and vice president, Rosario Murillo, and serves as a presidential advisor. Last December, China and Nicaragua agreed to elevate their relations to the level of “strategic partnership,” following a phone conversation between Ortega and Chinese President Xi Jinping. Nicaragua and China launched a Free Trade Agreement in January.

In 2021, Managua established relations with China after breaking ties with Taiwan, which Beijing considers as its own territory that it must retake, even by force if necessary. Since then, the world’s second-largest economy has supported the Nicaraguan government, which faces sanctions and condemnation from the United States and European countries following the 2018 protests against Ortega, which left more than 300 dead, according to the UN.

The two governments agreed that, as part of their strategic partnership, they will strengthen “exchanges and cooperation” in security and technology as well. The Chinese government and companies will also participate in the construction of public housing, road infrastructure projects, airports, railways, and energy.

Trending Now

Costa Rica Hosts Global Research on Sharks and Pollution

Bahía Santa Elena is one of the best-preserved marine areas in the Costa Rica, renowned for its biological richness, scenic beauty, and ecological importance....

Argentina Deep Sea Expedition Reveals Stunning Marine Life

A robot explores the dark, cold, deep sea floor of the South Atlantic, transmitting images of vibrant coral and fish never seen before as...

Costa Rica Detains Two in Killing of U.S. Citizen

The Judicial Investigation Agency (OIJ) has arrested two suspects in connection with the murder of American businessman Eshraghollah Vatani. Vatani was reported missing at...

US Doubles Bounty to $50 Million on Venezuela’s Maduro

The Trump administration stepped up pressure on Venezuela's Nicolás Maduro today by offering a $50 million reward for tips that lead to his capture....

The Day Costa Rica Stopped to Celebrate Claudia Poll’s Olympic Victory

In the decades I have lived here, there were two sporting events that were so big that the country came to a brief standstill....

Plastic Pollution Costs $1.5 Trillion Annually

Representatives from 184 countries began negotiations on Tuesday at the UN headquarters in Geneva to draft, within ten days, the first global treaty aimed...
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica