Nicaragua - Country Commercial Guide
Trade Agreements

Describes trade agreements this country is a party to. Includes resources where U.S. companies can get information on how to take advantage of these agreements.

Last published date: 2021-09-26

Nicaragua, along with Costa Rica, El Salvador, Guatemala, Honduras, and the Dominican Republic, signed the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) in 2004.  The agreement entered into force for Nicaragua and the United States in 2006.

In August 2021, however, the U.S. Senate passed the Reinforcing Nicaragua’s Adherence to Conditions for Electoral Reform (RENACER) Act.  This legislation proposes new initiatives to address corruption and human rights abuses in Nicaragua, increase sanctions on key actors in the Ortega regime, and expand sanctions coordination with Canada and the European Union.  The bill also calls for a formal review to determine whether Nicaragua should be allowed continued participation in CAFTA-DR.  

Nicaragua signed and ratified bilateral investment treaties with Argentina, Belgium, Chile, Cuba, the Czech Republic, Denmark, Finland, France, Germany, Italy, Iran, Luxembourg, the Netherlands, the Russian Federation, Spain, Switzerland, and the United Kingdom.  Nicaragua also has treaties with investment provisions with Chile, Mexico, Panama, Taiwan, and South Korea.

Nicaragua has a separate free trade agreement with ALBA (Bolivarian Alliance for the Peoples of Our America) member countries:  Cuba, Venezuela, Dominica, Antigua & Barbuda, Saint Vincent & the Grenadines, Granada, and Saint Kitts & Nevis.  Nicaragua is part of the Central American free trade agreements with the European Union and South Korea. 

The Secretariat for Central American Economic Integration (SIECA) provides technical and administrative support to Nicaragua, Costa Rica, El Salvador, Guatemala, and Honduras in its efforts to establish a Central American Common Market.

The Ministry of Development, Industry, and Trade, International Trade Office, is responsible for the negotiation and implementation of trade agreements.