WEDNESDAY, JULY 25, 2012

US Grants Property Waiver! (July 25, 2012)

Flash from the Nicaragua Network/Alliance for Global Justice:
US has approved property waiver; aid and international loans will continue!


Thanks to everyone who called the US State Department to urge that the
annual property waiver be granted by the end of July in order to continue US
aid and US support for loans from international financial institutions to
Nicaragua. It is the position of the Nicaragua Network/AfGJ that US aid is
in truth reparations owed to Nicaragua since the World Court ruled in 1986
that US military actions and support for the Contra War violated
international law. The Court ordered the US to pay reparations which at the
time were estimated to be $17 billion.

For more background information, click here.

Following is the translation of an article from today's El Nuevo Diario
newspaper about the waver.

Español original abajo.

US grants property waiver to Nicaragua
The exception will be effective for a year until July 29, 2013

July 25, 2012 elnuevodiario.com.ni

The Government of the United States today granted the property waiver to
Nicaragua, the US embassy in Managua announced in an official communication
this morning.

The waver or exemption, of a year duration, is an exception to that
application of a law that prohibits bilateral US aid and support for loans
on the part of international financial institutions, to those states where
US citizens have not received from the local government adequate and
effective compensation for claims of confiscated property, as in the case of
Nicaragua, according to the communiqué.

The waiver, effective for a year until July 29, 2013, was based on the
national interests of the United States and on the efforts made by the
Government of Nicaragua to resolve property claims of US citizens.

To see the text of the US communiqué in Spanish go to the US embassy
website: http://spanish.nicaragua.usembassy.gov/pr_120725_waiver.html. It
has not yet been posted on the State Department website in English.

Estados Unidos concede el waiver de la propiedad a Nicaragua
La dispensa será efectiva por un año hasta el 29 de julio de 2013

25 de julio de 2012 elnuevodiario.com.ni

El Gobierno de los Estados Unidos concedió hoy el waiver de la propiedad a
Nicaragua, anunció esta mañana la embajada estadounidense en Managua en un
comunicado oficial.

El waiver o dispensa, de un año de duración, es una excepción a la
aplicación de la disposición legal que prohíbe la ayuda bilateral de los
Estados Unidos, y su apoyo para el otorgamiento de préstamos por parte de
instituciones financieras internacionales, a aquellos países en donde los
ciudadanos estadounidenses no hayan recibido del gobierno local una
indemnización adecuada y efectiva por sus reclamos de propiedades
confiscadas, como es el caso de Nicaragua, según el comunicado.

La dispensa, efectiva por un año hasta el 29 de julio de 2013, se fundamentó
en el interés nacional de los Estados Unidos y en los esfuerzos realizados
por el Gobierno de Nicaragua para dar solución a los reclamos de propiedad
de los ciudadanos estadounidenses.

Ver el texto completo del comunicado en el sitio de la embajada de EU en
Managua: http://spanish.nicaragua.usembassy.gov/pr_120725_waiver.html

Labels: Archives