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.
Congressional oversightCriminal investigation, prosecution, interrogationElections, voting, political campaign regulationForeign aid and international reliefForeign loans and debtFraud offenses and financial crimesGovernment ethics and transparency, public corruptionHuman rightsInternational organizations and cooperationJudicial procedure and administrationLatin AmericaMultilateral development programsNews media and reportingNicaraguaOil and gasPolitical parties and affiliationProtest and dissentRacial and ethnic relationsRule of law and government transparencyRussiaSovereignty, recognition, national governance and statusVenezuela
A bill to promote democracy and the rule of law in Nicaragua, and for other purposes.
USA115th CongressS-2265| Senate
| Updated: 12/21/2017
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.
Congressional oversightCriminal investigation, prosecution, interrogationElections, voting, political campaign regulationForeign aid and international reliefForeign loans and debtFraud offenses and financial crimesGovernment ethics and transparency, public corruptionHuman rightsInternational organizations and cooperationJudicial procedure and administrationLatin AmericaMultilateral development programsNews media and reportingNicaraguaOil and gasPolitical parties and affiliationProtest and dissentRacial and ethnic relationsRule of law and government transparencyRussiaSovereignty, recognition, national governance and statusVenezuela