The Nicaraguan government Friday signed an accord with the country's transport industry to end a national strike triggered by high fuel prices.
According to the accord, the Nicaraguan government will grant transport companies a discount of 30 U.S. cents on each gallon of diesel for buses, taxis and trucks that operate within Nicaragua. Diesel is the main fuel energy used in the country.
The government also promised to offer preferential prices to transport-related products such as lubricating oil and tires.
The strike, which has disrupted both passenger and cargo transport since Monday, is expected to end over the weekend.
Alberto Guevara, minister of Treasury and Public Credit, said President Daniel Ortega, who ratified the accord, has decided to solve the crisis by using funds destined for the Bolivarian Alternative for the Americas (ALBA).
The ALBA is an international organization established to promote social, political and economic integration between the countries of Latin America and the Caribbean.
Its members include Cuba, Venezuela, Nicaragua, Bolivia and Dominica.
Source: Xinhua
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