The agreement establishes an annual increase of 8.25% for the minimum wage of more than 115,000 workers in the free trade zone system.
By 2022, all workers in the free trade zone system, will have a salary above 7,000 Cordobas as a result of the fourth tripartite agreement signed by employers, unions and the government, and covers salary increases for the next five years.

EUROFERIA 2017 will be held May 12th and 13th at Crowne Plaza Convention Center with companies from different sectors. “Nicaragua Procedures” (“Trámites Nicaragua") which is part of the Presidential Delegation for the Promotion of Investment and Trade Facilitation led by Minister of Investment, General Alvaro Baltodano, will be one of the agencies participating to promote the benefits it offers Nicaraguan companies.

According to the Central Bank of Nicaragua (BCN), the country received 58% of their tourist influx, from the Central American region followed by the north Americans with 27.7% of the total vacation industry.

The Annual Report that shows results of the Tourism Survey of the year, showed that 2016, was the year with the best economic result of foreign tourism for Nicaragua. Tourism in the country has grown 20.5%, compared to previous years (2014 and 2015), according to figures from the Nicaraguan Institute of Tourism (Intur).

General Álvaro Baltodano, Presidential Delegate for Investments, met in march with former U.S Secretary of Commerce, Mr. Carlos Gutiérrez and opinion leaders from that country. The meeting was held to raise awareness of the progress Nicaragua has made in economic growth, investment and trade.

The Nicaraguan delegation headed by General Baltodano was accompanied by Ambassador Francisco Campbell, Álvaro Rodríguez, President of AmCham Nicaragua, representatives of the chamber and PRONicaragua.