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March 6, 2023
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Ortega cancels the most important business association in Nicaragua

Ortega cancels the most important business association in Nicaragua

The government of Daniel Ortega canceled this Monday the legal status of at least 18 business chambers, including the Superior Council for Private Enterprise (Cosep), the most important employer in the country, alleging alleged inconsistencies in the information presented to the Ministry of the Interior. , which is the entity that regulates agencies in the country.

Through a ministerial agreement published in the official journal The Gazettethe Ortega government detailed which business organizations were canceled, such as the Nicaraguan Mining Chamber, the Construction Chamber or the Association of Coffee Exporters, among others.

Cosep, which represents the country’s private sector, has not ruled after the ruling party’s decision.

Private sector distant from Ortega

Previously, the government, led by Ortega since 2007, had canceled the legal status of the Association of Private Banks of Nicaragua (Asobanp), with almost 30 years of existence.

The Sandinista president had also previously charged against the country’s business sector and had accused him of “supporting terrorism” in 2018, when the protests against him arose.

Ortega’s criticism was more than just a reproach, according to the experts, who allege that the private sector distanced itself from Ortega due to the repression at that time, thus putting an end to an alliance that existed between both sides, called “the model of dialogue and consensus”.

The businessmen “are now wanting to play economic terrorism” and “playing with the economy is playing with fire, and everything has its limit,” Ortega warned the businessmen in 2018, during the height of the crisis.

Subsequently, the Nicaraguan justice imprisoned the president of CosepMichael Heally, and his predecessor José Adán Aguerri, in an unprecedented event in the Central American country.

Both Heally and Aguerri are refugees in the United States, after being released together with more than 200 other peoplewho also had their Nicaraguan nationality withdrawn.

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