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Home >International Network >Nicaragua

NICARAGUA

Nicaragua, officially the Republic of Nicaragua, is the largest country in the Central American isthmus, bordered by Honduras to the north, the Caribbean to the east, Costa Rica to the south, and the Pacific Ocean to the west.  It is 130,370 sq km, with 6.2 million population and a $14.3 billion GDP (2017, estimate).


Agriculture remains Nicaragua’s top industry, with main products including: bananas, beef, poultry, coffee, tobacco, copper, cotton, gold, maize, rice, silver, sugar cane, soybeans and other beans, and timber. Other major industries include: textiles—knit and woven materials, cement, forestry, beverages, chemicals, food processing, mining and petroleum refining, machinery and metal products, footwear, and wood.

The U.S. is Nicaragua’s largest trade partner. Mexico, El Salvador, Costa Rica and Guatemala, China are also main partners of its economy.

The EU has become one of Central America's main trading partners and is its third most important export market, after the United States and the Central American Common Market.

Nicaragua's imports from the EU mainly consist of medicines and agrochemicals, vehicles, machinery and transport and telecommunications equipment. However tourism starts to be a new major player in Nicaragua’s economy, only a few French firms explored the country. Some French companies do have representation offices in the capital Managua such as Alcatel, Air France, L’Oréal, Peugeot, Renault and Sanofi.


In this context, Simon Associés entered into a strategic alliance agreement with BLP LEGAL.

 

 

BLP was founded in March of 2003 by a group of lawyers who shared the same vision of law practice.

BLP unites lawyers specialized in all branches of law and integrates all areas of practice in interdisciplinary teams.

BLP is revolutionizing the Central American market with high standards offices in Costa Rica, El Salvador, Nicaragua, Honduras and Guatemala.. The firms in these 5 countries are composed of 27 partners and more than 120 attorneys, whose experience as a team provides optimum and comprehensive service to their clients in many areas such as Banking & Finance, Corporate/ M&A, Dispute Resolution, Environment, Insurance, Intellectual Property, Labor & Employment, Real Estate and Public Law.

BLP is consistently ranked as one of the top law firms in Central America by well-known legal and business rankings, and has received many praises and distinctions from Legal 500, Latin Lawyer, the International Financial Law Review (IFLR), and Chambers and Partners, who listed BLP as one of the top law firms.

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