Mexico–Nicaragua relations

Mexico-Nicaragua relations

Mexico

Nicaragua

Mexico–Nicaragua relations refers to the diplomatic relations between Mexico and Nicaragua. Both nations are members of the Association of Caribbean States, Community of Latin American and Caribbean States, Organization of American States, Organization of Ibero-American States and the United Nations.

History

Mexico and Nicaragua are two Latin American nations that share a common history in the fact that both nations were colonized by the Spanish empire. In 1821, Mexico gained independence from Spain and Nicaragua became part of the First Mexican Empire. In 1823, the empire dissolved and Nicaragua, along with Guatemala, El Salvador, Honduras and Costa Rica joined the United Provinces of Central America. In 1838, the union dissolved and Nicaragua became an independent nation.[1] One year later, in 1839, Mexico and Nicaragua established diplomatic relations.[2]

In 1937, the first of the Somoza presidents of Nicaragua took power. In the 1960s, the Nicaraguan Revolution began by a rebel group called the Sandinistas. During that time period Mexico, although initially a supporter of the Somoza's, soon changed position and offered support to the Sandinistas.[3] In May 1979, Mexico broke diplomatic relations with Nicaragua over repeated human rights abuses carried out by the government of Anastasio Somoza Debayle.[4] In July 1979, Anastasio Somoza Debayle was removed from power and Mexico re-established diplomatic relations with Nicaragua.[2] In 1990, Mexico, along with the government of Colombia, Panama and Venezuela created the Contadora Group to try and mediate in the Central American crises that was gripping the region at the time. The Nicaraguan revolution came to an end after the election of President Violeta Chamorro in 1990.[5]

Since the end of the revolution, Mexico and Nicaragua have worked together in numerous projects such as in disaster relief, migration and development. In 2001, both nations agreed to implement the Mesoamerica Project (also known as the Plan Puebla-Panama).

State visits

President Daniel Ortega attending the inauguration of President Enrique Peña Nieto in December 2012.

Presidential visits from Nicaragua to Mexico[6][7][8][9][10][11]

Presidential visits from Mexico to Nicaragua[12][13][14][15][16]

Trade relations

In 1997, Mexico and Nicaragua signed a free trade agreement. Since its establishment (and with the implementation of a New Mexico-Central America free trade agreement in 2013), trade between the two nations has grown substantially. In 2014, two-way trade between both nations amounted to $1,48 billion USD.[17][18] Mexico is Nicaragua's third biggest foreign direct investor in the country with investments reaching up to $183 million USD.[18] Mexico's main exports to Nicaragua include: electronic appliances, copper wire, medicines and vehicles while Nicaragua's main exports to Mexico include: vehicle parts, peanuts, vegetable oil, sugar and textiles.[18] Several Mexican multi-national companies operate in Nicaragua, such as: América Móvil, Cemex, Grupo Bimbo and Grupo Lala among others.

Resident diplomatic missions

See also

References

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