China and Nicaragua celebrate first anniversary of FTA [Video]

January 1, 2025, marks the first anniversary of the Free Trade Agreement (FTA) between China and Nicaragua, a milestone in their growing strategic partnership. Over the past year, the agreement has proven highly beneficial, boosting Nicaraguan exports to China by 80 percent.

The FTA has had a significant impact on multiple sectors of the Nicaraguan economy, fostering increased imports of Chinese goods and demonstrating the high demand for them in the Nicaraguan market.