Nicaragua Signs
Agreement To End National
Transport Strike
The Nicaraguan
government Friday signed
an accord with the
country's transport
industry to end a
national strike
triggered by high fuel
prices.
According to the accord,
the Nicaraguan
government will grant
transport companies a
discount of 30 U.S.
cents on each gallon of
diesel for buses, taxis
and trucks that operate
within Nicaragua. Diesel
is the main fuel energy
used in the country.
The government also
promised to offer
preferential prices to
transport-related
products such as
lubricating oil and
tires.
The strike, which has
disrupted both passenger
and cargo transport
since Monday, is
expected to end over the
weekend.
Alberto Guevara,
minister of Treasury and
Public Credit, said
President Daniel Ortega,
who ratified the accord,
has decided to solve the
crisis by using funds
destined for the
Bolivarian Alternative
for the Americas (ALBA).
The ALBA is an
international
organization established
to promote social,
political and economic
integration between the
countries of Latin
America and the
Caribbean.
Its members include
Cuba, Venezuela,
Nicaragua, Bolivia and
Dominica.
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