Venezuela rejects law that conditions international financing to the government of Nicaragua

The Bolivarian Republic of Venezuela, rejected on Wednesday the law approved by the United States Congress of Conditionality of Nicaraguan Investment, known as NICA ACT, known as Act H.R. 1918, which limits the ability of the Nicaraguan government to obtain funding financing from international organizations.

In a communiqué issued by the Foreign Ministry of the Republic, Venezuela states that “the approval of the nefarious interventionist instrument, by the US government, against the Nicaraguan people, seeks to coerce and condition the international financing of multilateral organizations towards the Constitutional Government, against the President Daniel Ortega and the Vice President, Comrade Rosario Murillo, as a gross maneuver to unbalance the economy and affect the social and productive investment of the country”.

Following, the complete text:

“The President of the Bolivarian Republic of Venezuela, Nicolás Maduro Moros, on behalf of the Venezuelan people, categorically rejects the injurious approval of the Law H.R. 1918, Nicaraguan Investment Conditionality Law, known as NICA ACT, signed on Tuesday, December 11, by a bipartisan decision of the United States Congress.

The approval of the nefarious interventionist instrument, by the US government, against the brother Nicaraguan people, intends to coerce and condition the international financing of multilateral organizations towards the Constitutional Government, President Daniel Ortega and the Vice President, Comrade Rosario Murillo, as a gross maneuver to unbalance the economy and affect the social and productive investment of the country.

The Government of the Bolivarian Republic of Venezuela expresses its absolute support for the Government of Reconciliation and National Unity of the Republic of Nicaragua by reiterating our friendship and solidarity as sister nations, united under the commitment to consolidate the unity of Our Americas”

Caracas, December 12, 2018.