Venezuela’s largest business association has condemned the Ortega dictatorship’s measure against Nicaragua’s chambers of commerce

The Federation of Chambers of Commerce and Production (fedecamaras), Venezuela’s largest employer, on Wednesday condemned the dissolution of the Superior Council for Private Enterprise (COSEP)the main company management in Nicaragua, to which the union of the Caribbean country expressed its “unlimited support”.

By a statement, Fedecámaras expressed its solidarity “with Cosep and its business leaders” Before “the closing order“, which supposes – he assured – the”most recent attack on the guild of brothersafter that, in recent years they have had to experience arrests, harassment, imprisonment, persecution, exile and different attacks from the Nicaraguan government.

Likewise, he advocates “the eradication of actions like these, which threaten investments and the full exercise of trade union, political and economic freedoms private entrepreneurs and their organizations, violating legal certainty and respect for their democratic rights, which translates into a negative impact on job creation and economic growth”.

The dissolution of Cosep, in addition to 18 chambers of commerce belonging to the management, was approved by the Nicaraguan Minister of the Interior, Maria Amelia Colonel Kinlochand published last Monday in the Official Journal La Gaceta.

According to the Interior, chambers registered as non-governmental organizations did not complete the registration validation process or presented inconsistencies in information.

Among other things, they mentioned variations in unjustified accounts, differences in unsupported balances in the accounts and that they did not communicate the details of income and expenses.

Nicaragua has been going through a political and social crisis since April 2018, which worsened after the controversial general elections of November 7, 2021, in which Daniel Ortega he was re-elected for a fifth term, fourth in a row and second with his wife, Rosario Murilloas vice-president, with her main suitors in prison or in exile.

(With information from EFE)

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