India and Nicaragua Ink Agreement for Socio-Economic Development through Quick Impact Projects
International
India and Nicaragua signed an umbrella agreement to implement Quick Impact Projects (QIPs) aimed at socio-economic development. The agreement was signed by Indian Ambassador Sumit Seth and Nicaragua's Foreign Minister Valdrack Jaentschke in Managua. The projects will focus on key areas such as physical infrastructure (roads, community centers) and social infrastructure (education, healthcare, sanitation). The Government of India will provide grant assistance for each project, ensuring immediate and visible benefits for the people of Nicaragua.
- Agreement Signed: December 10, 2024, in Managua, Nicaragua
- Projects designed to yield immediate and visible improvements for local communities.
(i) Signatories: Indian Ambassador Sumit Seth and Nicaragua's Foreign Minister Valdrack Jaentschke (ii) Focus Areas: Physical infrastructure (roads, community centers) and social infrastructure (education, healthcare, sanitation)
About India-Nicaragua Relations :
Historical Ties: Diplomatic relations between India and Nicaragua established in March 1983
____________________________
