Nicaraguan Investment Conditionality Act (NICA) of 2017
This bill directs the President to instruct the U.S. Executive Director at each international financial institution to oppose a loan for budget support for the government of Nicaragua unless the Department of State reports that Nicaragua is taking effective steps to (1) hold free elections; (2) promote democracy; (3) strengthen the rule of law; (4) combat corruption; (5) protect the right to freedom of expression; (6) protect the rights of indigenous people; and (7) protect the rights of political opposition parties, journalists, and other civil society activists to operate without interference.
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