Central America summit in Nicaragua

Nicaragua: Central American presidents are scheduled to meet on Wednesday in Nicaragua to discuss migration, a trade agreement with the European Union (EU) and other key regional issues.

The heads of state are expected to arrive in Managua at noon to open the 36th Summit of the Central American Integration System (SICA), which is presided over by Nicaraguan President Daniel Ortega.

Ortega, as SICA pro tempore chairman, will refer to issues that were tackled at the ministerial meeting held Tuesday.

According to Nicaraguan Deputy Foreign Minister Manuel Coronel, regional ministers of economy, finances and foreign affairs discussed the creation of a common fund to face asymmetries with the EU.

The conclusion will be presented to the heads of States attending the forum for its approval.

The meeting expects to create a fund that, according to the Managua proposal, must be of $78 billion USD.

Managua, Prensa Latina