Finland–Nicaragua relations
Encyclopedia
Finland–Nicaragua relations are foreign relations between Finland
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

 and Nicaragua
Nicaragua
Nicaragua is the largest country in the Central American American isthmus, bordered by Honduras to the north and Costa Rica to the south. The country is situated between 11 and 14 degrees north of the Equator in the Northern Hemisphere, which places it entirely within the tropics. The Pacific Ocean...

. Finland has an embassy in Managua
Managua
Managua is the capital city of Nicaragua as well as the department and municipality by the same name. It is the largest city in Nicaragua in terms of population and geographic size. Located on the southwestern shore of Lake Xolotlán or Lake Managua, the city was declared the national capital in...

. Nicaragua is represented in Finland through its embassy in Copenhagen
Copenhagen
Copenhagen is the capital and largest city of Denmark, with an urban population of 1,199,224 and a metropolitan population of 1,930,260 . With the completion of the transnational Øresund Bridge in 2000, Copenhagen has become the centre of the increasingly integrating Øresund Region...

 (Denmark
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

).

Finnish assistance

Finland is a significant donor of aid to Nicaragua. In 2007, total aid amounted to around EUR 14.5 million. The cooperation focused on rural development, health care and supporting local government.

In 1992, the Finnish government announced an aid program of USD27.4 million.

In 2006, the Finnish government pledged 4.9 million euros to help the Nicaraguan government integrate the ICT
Information and communication technologies
Information and communications technology or information and communication technology, usually abbreviated as ICT, is often used as an extended synonym for information technology , but is usually a more general term that stresses the role of unified communications and the integration of...

 systems of 20 town councils.

In 2008, the Finnish government revoked a 1.95 million euro aid package meant for Nicaragua in protest of what it alleged was a lack of transparency in Nicaragua's national budget and its municipal elections.

State visits

In 2004, Finnish President Tarja Halonen
Tarja Halonen
Tarja Kaarina Halonen is the incumbent President of Finland. The first female to hold the office, Halonen had previously been a member of the parliament from 1979 to 2000 when she resigned after her election to the presidency...

 visited Nicaragua where she stated that "The Finnish government and Parliament have decided that Nicaragua is one of the main targets of Finnish development aid. However, the visit has shown that Finland is not only giving money - it is also interested in what is happening here."

The Finnish President also made a speech to the National Assembly of Nicaragua
National Assembly of Nicaragua
The National Assembly is the legislative branch of the government of Nicaragua.-Composition:The Nicaraguan legislature is a unicameral body....

on 31 May 2004.

Agreements

In 2003, the two countries signed the Agreement for the Promotion and Reciprocal Protection of Investments

External links

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