Corruption in Nicaragua
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Corruption remains a serious problem for doing business in Nicaragua. Some businesses have suggested that facilitation payments are demanded from the authorities when conducting commercial activities in Nicaragua and the government often shows favoritism towards certain well-connected companies.[1]
Anti-corruption efforts
Generally, Nicaragua has a well-developed legislative framework preventing and criminalizing corruption. Nicaragua has also signed several international agreements, such as the Dominican Republic-Central American Free Trade Agreement and the United Nations Convention against Corruption.[2] In practicality, Nicaragua's anti-corruption institutions are highly subject to political influences.[3]
References
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- ↑ http://www.unodc.org/unodc/en/treaties/CAC/index.html
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
External links
