Textile And Garment Products Exported To Europe And The United States Enjoy Tariff Preferences In Nicaragua

Nicaragua is near the United States, central and South America and other consumer markets, and bilateral freedom with Mexico, Dominica, the United States, Taiwan and Panama. Trade The agreement has already entered into force, and the free trade agreement signed with the European Union and Chile is expected to be implemented as soon as possible, and it is also actively signed with the Canadian free trade agreement.

In Nicaragua Investment The factory can enjoy the preferential treatment of the general preferential tariff system (GSP) of Central America and Dominica and the United States Free Trade Agreement (CAFTA-DR), Canada and the European Union, and the textile and garment products exported to the United States and EU countries not only have no quota restrictions, but also enjoy the zero tariff treatment of the US TPL. Investors can take advantage of the above advantages, take Nicaragua as the production base, and sell Europe, America and other central and South America. market 。

In addition, Nicaragua has signed investment guarantee agreements with Taiwan, Spain, Denmark, Chile, Argentina and other countries in order to promote outsiders' investment, and has actively signed agreements with other countries.

An insurance agreement was signed with international agencies such as Multilateral Investment Guarantee Agency (MIGA), Overseas Private Investment Company Overseas Private Investment Corporation, OPIC and international investment dispute Coordination Center (Agency) to strengthen bilateral investment relations and attract foreign investment to promote Nicaragua's economic growth.