The “clean-up plan” for Non-Profit Organizations (NPOs) continues in earnest in Nicaragua. This Thursday, August 22, the cancellation of the legal status of 151 NGOs was made official.
Through ministerial agreement No. 39-2024 OSFL, the Interior Ministry decided to eliminate more than a hundred organizations linked to the business sector and the productive sector of the country under the argument of “non-compliance with the laws that regulate them.”
According to the publication signed by the Minister of the Interior, María Coronel Kinloch, the entities destroyed “did not report their financial statements for a period of between 01 and 31 years.” Among those companies that are disqualified from today is the American Chamber of Commerce (AMCHAM).
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Amcham is a non-governmental, independent, non-profit organization that has been operating in Nicaragua for 49 years. “It works to promote bilateral trade and investment between the United States and Nicaragua,” its website details.
The Interior Ministry alleges that the entity did not report its financial statements between 2022-2023 and that its board of directors had expired since January 26, 2024.
Business chambers cancelled
Other cancelled NGOs are linked to trade with countries in the region, Nicaraguan cattle ranchers, tourism, textiles, footwear, transportation, and producers of rice, sugar, coffee and beer.
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Among those who cancelled were the Nicaraguan-German Chamber of Industry and Commerce Civil Association, the Nicaraguan-Costa Rican Chamber of Industry and Commerce, the Official Spanish Chamber of Commerce of Nicaragua, the Nicaraguan Federation of Private Free Trade Zones, the Central American Federation of Chambers of Restaurants and Related Associations, the Nicaraguan Chamber of Insurance Brokers, the Chamber of Tourist Operators of Nicaragua, the Chamber of Tourist Land Passenger Transportation, and the Association of Private Producers of Sugar Cane of the West.
They also cancelled the Chamber of Agroindustrial Producers and Exporters, the Mexican-Nicaraguan Chamber of Industry and Commerce, the Korean-Nicaraguan Chamber of Investment, the Nicaraguan-Uruguayan Chamber of Industry and Commerce, the Nicaraguan-Ecuadorian Chamber of Commerce, Industry and Tourism, the Franco-Nicaraguan Chamber of Commerce and the Confederation of Chambers of Commerce of Nicaragua.
