Nepal – Nicaragua Relations

Bilateral Relations
Nepal and the Republic of Nicaragua established diplomatic relations on October 5, 1986 at non-resident Ambassadorial level. Bilateral relations between the two countries have always been cordial since then. The Nepali Ambassador to the United States of America is concurrently accredited to Nicaragua. Similarly, Ambassador of the Republic of Nicaragua to India is concurrently accredited to Nepal.

Nepal and Nicaragua are both least developed countries and also the member of the Non-Aligned Movement and Group of 77. There have been interactions between the two countries in the United Nations, and other international forums. Nicaragua and Nepal share similar views on many international issues affecting them. No official visits have so far been taken place between two countries.


Trade and investment
Trade volume between Nepal and Nicaragua are almost non-existent. Nepal exports mainly coffee, tea, chemical products, resin and resin acid etc.  and imports jute, soft drinks, food preparations etc. Trade volume for the last few years is shown in the table below:


Year Export Import Balance
2015 0 45791 -45791
2016 56943 15563 41380
2017 2105 66775 64670
2018 67130 71570 -4440
2019 0 50237 -50237

(Source: TEPC)


August 2020