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Nicaragua National Assembly approves creation of Foreign Trade Platform

  • A new law and accompanying regulations in Nicaragua create the Foreign Trade Platform (in Spanish: Ventanilla Única de Comercio Exterior — VUCEN), aiming to facilitate and simplify management of foreign trade proceedings through a technological platform that brings together various proceedings required for the export and import of goods.
  • Export documents that VUCEN’s predecessor (CETREX) had authorized before the new regulations entered into force will remain valid.

Source EY

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