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InterviewsMay 4 2010

Alberto Jose Guevara Obregon

Alberto Jose Guevara Obregon, Nicaragua's finance minister tells The Banker how government efforts to attract foreign direct investment to the relatively untapped energy sector are seen as crucial if the region is finally to shake itself out of poverty. Writer Silvia Pavoni
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Alberto Jose Guevara Obregon

Nicaragua does not have the best reputation on the global markets. President Daniel Ortega has been trying to circumnavigate the country's law and seek re-election at the end of his term in 2011, while Iran's $1.5m investment to build a hospital in the country - which some see not as a humanitarian gesture but a politically charged move - and close ties with Venezuela have made observers nervous about the region's rule of law and political stability.

However, to the country's finance minister, such concerns appear non-existent. "There are opportunities for business in Nicaragua and clear rules for businesses here," says Alberto José Guevara Obregón. And a recent surge in foreign interest in his country would seem to support his view.

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Silvia Pavoni is editor in chief of The Banker. Silvia also serves as an advisory board member for the Women of the Future Programme and for the European Risk Management Council, and is part of the London council of non-profit WILL, Women in Leadership in Latin America. In 2019, she was awarded an honorary fellowship by City University of London.
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