U.S., Nicaragua Sign New Aid Accord

<i> Reuters</i>

President Violeta Barrios de Chamorro’s new Nicaraguan government signed its first aid package with the United States on Thursday, marking a renewal of U.S. aid suspended in 1981.

Under the accord, the United States will donate 55,000 metric tons of corn, vegetable oil and lard for use in making soap. The first shipment of 44,000 tons of corn will arrive here later this month.

“This act is significant because it marks the renewal of economic relations between the democracy of the United States and the democracy of Nicaragua,” Foreign Minister Enrique Dreyfus said during the ceremony in which he and John Leonard, U.S. Embassy charge d’affaires, signed the accord.

“I’m sure this is only the first of many ceremonies like this one and of many accords between our two governments,” Leonard said.