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News

DIARIO LAS AMERICAS: new law may result in nicaragua's isolation from the global financial system

2/15/2021

 
GLA President Jason Poblete was interviewed by one of Latin America's leading Spanish-language newspapers, Diario Las Americas, about a new law approved in Nicaragua that prohibits banks from enforcing policies and procedures that comply with U.S. economic sanctions.
“Qué les perjudicaría más perder el acceso al mercado americano o perder acceso al mercado nicaragüense, tienen que escoger me imagino. Es una decisión muy difícil porque van a tener que escoger”. No es una opción para Poblete, la experiencia ha demostrado los efectos de evadir las sanciones, o tratar de contaminar el sistema financiero internacional al contribuir que los sancionados tengan acceso al mismo.

“Es un arma de doble filo, muchas compañías tienden a ignorar [las sanciones] otras cumplen con los establecido con la banca internacional americana porque saben que si pierden acceso a este mercado les va a perjudicar mucho sus negocios, sus ingresos y su reputación”, afirmó Poblete.

​Read the entire article here.



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©2021 All rights reserved.
  • About Us
    • Mission
    • GLA Team >
      • Staff And Advisors >
        • Jason I. Poblete
        • Mauricio J. Tamargo
        • Arthur Freyre
        • Cara Di Silvio
        • Fr. Fernando Hería
        • Abbe Jolles
        • Dr. Tomaž Slivnik
        • Dr. Jane F. Adolphe
      • Board >
        • Terry T. Campo
        • Frank M. Mendez
        • Jason I. Poblete
        • Mauricio J. Tamargo
        • Dr. Stephen M. Thompson
    • Policies >
      • Anti-Slavery & Anti-Human Trafficking
      • Business Conduct & Ethics
  • Working Groups
    • Brazil >
      • Brazil Cuban Medical Mission Files
    • Guatemala >
      • Guatemala Cuban Medical Mission Files
    • Honduras >
      • Honduras Cuban Medical Mission Files
    • Nicaragua
    • Uruguay >
      • Uruguay Cuban Medical Mission Files
    • Western Sahara
  • Featured Case Work
    • The Cadet Newspaper at VMI
    • Free Yorubas of Cuba, Regularly Attacked for Faith
    • Alina Lopez-Miyares, US Citizen Tried by Cuban Tribunal
    • Jamshid Sharmahd, ​Businessman and Broadcaster Kidnapped into Iran
    • Roberto Quiñones, Jailed for Journalism
    • José Daniel Ferrer and UNPACU Activists
    • Rigal-Expósito Family, Torn Apart for Homeschooling
    • Tejeda-Lescaille Family, Persecuted for Jewish Faith
    • The Whittaker Chambers Farm
    • Past Cases >
      • Apostolic Movement Of Cuba
      • Roberto Bendaña McEwan – INTERPOL Abuse by Nicaragua
      • Nizar Zakka – U.S. Legal Permanent Resident, Hostage in Iran
  • News & Media
    • Global Voices for Liberty
    • GLA News
    • Media
  • Invest
  • Tips