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Strengthening Sanctions on Nicaragua for Human Rights Abuses and Russia Support.

This act aims to extend and tighten economic sanctions against the Nicaraguan government to compel it to respect human rights and democracy. US citizens will be prohibited from investing in Nicaragua, and the US government will seek to restrict international loans to the country. This is intended to pressure the regime to improve the situation within the country.
Key points
Extension and expansion of economic sanctions on sectors of the Nicaraguan economy that generate revenue for the Ortega family, including the gold sector.
Imposition of new sanctions for persecution of the Catholic Church, political prisoners, and support for Russia's invasion of Ukraine.
Prohibition of new investments by US citizens and companies in Nicaragua, with exceptions for humanitarian aid and sales of essential goods.
Support for human rights and democracy programs in Nicaragua and efforts at the UN to monitor and document human rights abuses.
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Additional Information
Print number: 118_HR_6954
Sponsor: Rep. Smith, Christopher H. [R-NJ-4]
Process start date: 2024-01-11