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U.S. President signs act for new sanctions against Nicaragua

On 20 December 2018 U.S President Trump signed H.R. 1918, the ‘‘Nicaragua Human Rights and Anticorruption Act of 2018.’’ This Act issues new sanctions against Nicaragua, specifically seeking to limit loans from international financial institutions that support the Nicaraguan government, with exceptions for financial assistance that provides basic human needs or advances democracy in Nicaragua. The Act also includes targeted sanctions (asset blocking and travel bans) against any foreign person determined by the President to be responsible for or complicit in 1) serious abuses or violations of human rights, 2) undermining democracy, 3) corruption, or 4) acting against the freedom of speech, assembly, or the press.

The statement announcing H.R. 1918 by the President can be found here.

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