Belarus, Nicaragua approved additional agreement on export credits for supplies of Belarusian machinery

An additional agreement between Belarus and Nicaragua on granting export credits for the supplies of Belarusian machinery has been approved, with the relevant resolution signed, sb.by reports with reference to the Government’s press service

It is noted that the additional agreement defines the peculiarities of supplying products of Belarusian enterprises to Nicaragua on export credit terms within the framework of Presidential Decree No. 534 On Promoting the Exports of Goods (Works, Services) as of August 25th, 2006.

It is also reported that the decree will allow the completion of domestic procedures in accordance with the legislation for the entry into force of the additional agreement.

During the visit of the Belarusian government delegation to Nicaragua in 2024, the parties signed contracts for the supply of over 700 units of Belarusian equipment.