Deputy Minister of Transport of Nicaragua Amaru Ramirez and a representative of the Chinese transport company Ariel Meng signed an agreement for the acquisition of 500 buses by the Central American country from China.
Following the signing of the contract to buy new vehicles, Nicaraguan Finance and Public Credit Minister Ivan Acosta recalled that the agreement came two weeks after the Sandinista government announced negotiations to buy more buses and strengthen urban and rural transport systems.
He stressed that with this announcement, Nicaraguan President Daniel Ortega and Vice-President Rosario Murillo have committed themselves to continuing to equip and transform the country's public transport model.
"We guarantee that by 2023, the country's fleet of buses will add 500 buses," said the statement.
For his part, presidential adviser Laureano Ortega said that the agreement had been reached thanks to the efforts of the Central American country's leadership and cooperation with Chinese companies.
Ariel Meng, thanked Nicaragua for its confidence in the agreement, which demonstrates the company's responsibility and mission as the world's largest supplier of buses.
Nicaragua and China re-established diplomatic relations in December 2021, and since then both countries have advocated strengthening exchanges in all areas, especially in trade, science and technology, as reported by Prensa Latina, a partner of TV BRICS.