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المشهد العربي
Nicaragua awards large mining rights to China
Nicaragua has granted Chinese mining companies extensive concessions covering more than one-tenth of the country's territory, representing approximately 80 licenses spanning an area roughly the size of Northern Ireland since 2023. This move is part of its strategy to strengthen cooperation with Beijing and expand its presence in gold resources, amid a contest for influence with the United States, which seeks to maintain its dominance in Latin America and the Western Hemisphere in general. These concessions are part of a broader strategy that includes the development of ports and airports, occurring amid Western sanctions against the regime of President Daniel Ortega and China's emphasis on its growing relationship with Nicaragua since the resumption of diplomatic ties in 2021.
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