Common Market Gives Nicaragua $7 Million
Associated Press
MANAGUA, Nicaragua —
Claude Cheysson, commissioner of the European Economic Community, signed an accord granting Nicaragua $7 million for an agriculture project, the Foreign Cooperation Ministry said.
A ministry statement issued Monday said the money will be used for a three-year project to develop citrus fruits.
The European Common Market has provided nearly $17 million for projects since 1979, when the leftist Sandinistas came to power after ousting right-wing strongman Anastasio Somoza.
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