Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Nicaragua’s Financial Woes Lead to Embassy Closure in South Korea

Daniel Kim Views  

Nicaragua shuts down embassy in South Korea after 10 Years
Financial difficulties were cited as the main reason
Numerous embassies also closed in Germany, U.S., and other locations

Yoon Suk Yeol, the president of South Korea, is seen in a commemorative photo after receiving the credentials from Jenny Ruth Arce Zepeda, the Nicaraguan ambassador to South Korea, at a ceremony held at the presidential office in Yongsan, Seoul, on October 17 last year. On the right is Park Jin, the then Minister of Foreign Affairs. Yonhap News

Nicaragua has once again closed its embassy in South Korea after a decade, in contrast to its agreement to establish mutual embassies with North Korea.

According to Yonhap News on the 25th, a diplomatic official said, “The Nicaraguan government recently informed us that they have decided to close the embassy in South Korea due to worsening financial conditions. It seems that the embassy will be closed soon.”

This isn’t the first time the embassy has been shut down. Nicaragua opened an embassy in 1995 and closed it two years later due to financial difficulties. The current embassy reopened in 2014, ten years ago.

Nicaragua has also withdrawn the appointment of its ambassador to South Korea. Zhenia Ruth Arce Zepeda, the Nicaraguan ambassador to South Korea, was appointed just six months ago and was serving in her role.

The Nicaraguan government announced through its official gazette that “the appointment of the ambassador to South Korea is withdrawn as of the 17th,” explaining that “it takes effect immediately upon publication in the official gazette.” The ambassador’s duties in South Korea are expected to be taken over by ambassadors stationed in neighboring countries such as Japan.

Nicaragua, a representative anti-American country in Central America, established diplomatic relations with South Korea in 1962. The relationship became estranged when the pro-North regime began in 1979 but normalized with the launch of a civilian government in 1990.

Recently, Nicaragua has shown signs of moving closer to North Korea. It was reported that they had agreed to establish mutual embassies with North Korea.

Meanwhile, Nicaragua has also closed its embassies in Germany and several U.S. and U.K. consulates.

Daniel Kim
content@viewusglobal.com

Comments0

300

Comments0

[ASIA] Latest Stories

  • Hyundai Ioniq 5 N Time Spec Breaks Tsukuba Circuit Record, Cementing EV Performance Legacy
  • North Korea Sends Young Volunteers to Dangerous Jobs Under the Guise of Voluntary Participation
  • Tension Soars in South Korea’s Presidential Security: Arming Guards with Heavy Weapons After Resignation
  • Democrats Call for Accountability, Push to Investigate Yoon’s ‘Bloodshed’ Tactics
  • Hundreds of Trucks Deliver Scrap Metal Across North Korea for New Year Push
  • 1 Million Chinese Citizens Apply for Asylum During Xi’s Rule, As Repression Increases

You May Also Like

  • 1
    Tesla Cybertruck Passes NHTSA's Safety Test with Flying Colors

    BUSINESS 

  • 2
    Geely’s New Hybrid SUV Galaxy L7 EM-i: A Stylish, High-Tech Vehicle with Impressive Mileage

    BUSINESS 

  • 3
    Volvo Trucks' Market Surge: Strong Sales in Europe, Brazil, and North America

    BUSINESS 

  • 4
    Nikola’s Bankruptcy Drama: The False Ad That Derailed Its Path to Success

    BUSINESS 

  • 5
    Tesla’s Model Y Juniper: New Design, Enhanced Battery, and a 3% Range Boost

    BUSINESS 

Popular Now

  • 1
    Bentley Motors Opens Excellence Centre to Lead Development of Electric SUV

    BUSINESS 

  • 2
    Toyota's Hydrogen Future: New Fuel Cell System Promises Longer Range and Improved Durability

    BUSINESS 

  • 3
    Tesla Recalls 210,136 Vehicles in South Korea, Marking a 1,400% Surge

    DEBATE 

  • 4
    Genesis G80’s Super Bowl Ad Named One of the Decade’s Most Memorable

    BUSINESS 

  • 5
    Porsche's Taycan vs Xiaomi’s SU7 Ultra: The New Rivalry Shaking the EV Market

    DEBATE 

Must-Reads

  • 1
    Tesla Cybertruck Passes NHTSA's Safety Test with Flying Colors

    BUSINESS 

  • 2
    Geely’s New Hybrid SUV Galaxy L7 EM-i: A Stylish, High-Tech Vehicle with Impressive Mileage

    BUSINESS 

  • 3
    Volvo Trucks' Market Surge: Strong Sales in Europe, Brazil, and North America

    BUSINESS 

  • 4
    Nikola’s Bankruptcy Drama: The False Ad That Derailed Its Path to Success

    BUSINESS 

  • 5
    Tesla’s Model Y Juniper: New Design, Enhanced Battery, and a 3% Range Boost

    BUSINESS 

Popular Now

  • 1
    Bentley Motors Opens Excellence Centre to Lead Development of Electric SUV

    BUSINESS 

  • 2
    Toyota's Hydrogen Future: New Fuel Cell System Promises Longer Range and Improved Durability

    BUSINESS 

  • 3
    Tesla Recalls 210,136 Vehicles in South Korea, Marking a 1,400% Surge

    DEBATE 

  • 4
    Genesis G80’s Super Bowl Ad Named One of the Decade’s Most Memorable

    BUSINESS 

  • 5
    Porsche's Taycan vs Xiaomi’s SU7 Ultra: The New Rivalry Shaking the EV Market

    DEBATE 

Share it on...