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Nicaragua: U.S. Government Responds to 337 Claims of Stolen Land By U.S. Citizens

Article Summary:

The United States government has granted Nicaragua the so-called “property waiver”. The U.S. expressed its concern at the deterioration of the rule of law in Nicaragua, and the 337 claims by American citizens that their property had been confiscated by the Nicaraguan government.The granting of the waiver will be valid for one year until July 29, 2013, and during this time period the U.S. will support the loans requested by Nicaragua to international financial institutions, said the U.S. Embassy in Managua.

Photo Credit: TicoTimes

Original Article Text From Terra via Google Translate :

U.S. Dispensation Granted to Nicaragua, but “Concerned” About the Rule of Law

United States to Nicaragua today approved a waiver allowing it to maintain its cooperation, known as “waiver of the property,” but expressed “concern” about the deterioration of the rule of law in this Central American country, a diplomatic source .

The granting of the waiver will be valid for one year until July 29, 2013, and thanks to it at that period the United States will support the loans requested by Nicaragua to the international financial institutions, said the U.S. Embassy in Managua in a statement .

The adoption of the “waiver of property” was based “in the national interest of the United States and the efforts of the Government of Nicaragua to resolve property claims of U.S. citizens,” he added.

According to official information, in the last year ruled Nicaragua for property confiscated 65 complaints made by U.S. citizens, but are still 337 cases pending.

This certification is subject to the consideration of U.S. register on the progress in resolving Nicaragua claims to property confiscated from U.S. citizens during the first Sandinista government (1979-1990).

Despite granting this waiver, the United States to the Government of Nicaragua expressed its “concern” and “concern” about the deterioration of the rule of law in that country, reflected in an increasing number of cases of invasion of private land, which, in view, is an “obstacle” for private investment.

“Worryingly, the increase in new cases of land invasions and other forms of theft of property,” which show “the deteriorating condition of the rule of law in Nicaragua,” the statement from the American legation.

For this reason, U.S. Nicaragua requested “due attention” to those problems and recalled that the approval of the waiver of property in 2013 shall be subject “to the successful resolution of a satisfactory number of claims,” ​​which includes “restitution or compensation for properties are entities controlled by the Government of Nicaragua. ”

President of the Superior Council of Private Enterprise (COSEP) of Nicaragua, Jose Adan Aguerri described as “good news” approval “waiver of property” and called the Executive Daniel Ortega to solve new cases of property to citizens U.S. to receive a waiver in 2013.

Last June, the United States to Nicaragua denied the waiver of the “waiver of fiscal transparency,” through which he demanded more clarity about the fate that gives the Central American country funds from external cooperation, much of the which come from Venezuela.

Link to Original Article:

From Terra

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