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US restricts exports to Nicaragua over foreign policy concerns

( March 14, 2024, 15:00 GMT | Official Statement) -- MLex Summary: The US Commerce Department’s Bureau of Industry and Security published revisions to the Export Administration Regulations to apply more restrictive treatment to exports and reexports to Nicaragua, a move consistent with the State Department’s recent addition of Nicaragua to the list of proscribed countries under the International Traffic in Arms Regulations. "The United States will continue to use all available diplomatic and economic tools to promote accountability for the Ortega-Murillo regime and to support the human rights and fundamental freedoms of Nicaraguans as they pursue a more just and prosperous future," the State Department said.Statements and proposed rules follow below:...

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