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Departments and Offices

Economic/Commercial Section

The Economic/Commercial Section fosters economic opportunity in the United States and Nicaragua by:

  • Providing policy advice to the Ambassador and Washington-based officials;
  • Briefing U.S. firms on opportunities and obstacles to trade and investment in Nicaragua;
  • Promoting bilateral trade between the United States and Nicaragua;
  • Supporting U.S. citizens in their efforts to recover expropriated property;
  • Working to afford U.S. firms a level playing field on which to compete.

 

Our Services

Our U.S. and Nicaraguan commercial staff stand ready to assist U.S. businesses and individuals seeking to do business in Nicaragua. We partner with the U.S. Commercial Service – Central America to expand the range of commercial services and resources we are able to provide.

Please visit the U.S. Commercial Service – Central Amercia site to gain a better understanding of their efforts at: http://www.buyusa.gov/centralamerica/en/. You may also contact our commercial specialists directly at 011-505-2252-7100 (ext. 7371 or 7559), fax 011-505-2252-7564, or e-mail: managuaecon@state.gov.

The USDA Foreign Agricultural Service (FAS) supports U.S. Agricultural exports to Nicaragua.

The Property Office staff provides support to U.S. citizens seeking to recover expropriated property or involved in other property disputes with the Government of Nicaragua.

The Country Commercial Guide for Nicaragua is a reference document for those interested in doing business in Nicaragua. President Ortega’s recent remarks on capitalism (in Spanish) also provide useful perspective on the investment climate in Nicaragua.

Other Resources

Free Trade
The United States – Central America – Dominican Republic Free Trade Agreement provides the framework for the trade and investment relationship between the United States and Nicaragua. The United States recently announced the Pathways to Prosperity in the Americas Initiative to deepen existing economic partnerships and cooperation to ensure that the benefits of free trade and open investment are broadly shared throughout our societies.

Corporate Social Responsibility
The Nicaraguan Union for Social Responsibility is a local nongovernment organization that supports good corporate citizenship in Nicaragua.  Several U.S. companies have active corporate social responsibility programs in Nicaragua.

Financial Markets
America.gov provides detailed information on the U.S. economy and the global financial crisis.  "Markets and Democracy", a speech by former Federal Reserve Board Chairman Alan Greenspan, offers context useful to understanding the current crisis and ways to resolve it.

Competitiveness
Competitiveness is an important theme for the Economic Section, as promoted by U.S. Secretary of Commerce Carlos Gutierrez in the Americas Competitiveness Forum.  A number of measures of competitiveness provide a convenient way to compare Nicaragua to other economies.  The U.S. Millennium Challenge Corporation also tracks many competitiveness indicators through a Country Scorecard to determine compact eligibility.  Ambassador Callahan's remarks on competitiveness (in Spanish) at a competitiveness forum held in Managua emphasize the importance of cooperation between the private sector and government to improving productivity.

External Links

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