Nicaragua: History

Nicaragua is invaded by Spanish Forces.

Nicaragua becomes part of the United Provinces of Central America, which also includes Costa Rica, El Salvador, Guatemala and Honduras.

Nicaragua leaves the United Provinces of Central American and becomes fully independent.

The British grants control over Nicaragua's Caribbean coast back to Nicaragua. 

US mines Nicaraguan harbors and is condemned by the World Court for doing so.

Nicaraguan leadership signs a peace agreement with neighboring Central American countries to settle military conflicts. Also, the country is hit by a severe hurricane, leaving approximately 180,000 homeless.

The World Bank wipes 80% of Nicaragua's debt and Russia writes-off Nicaragua's multi-billion dollar debt.

The Central American Free Trade Agreement (CAFTA), which is an expansion of NAFTA to 5 Central American countries and the Dominican Republic, comes into effect. Congress approves the Central American Free Trade Agreement (CAFTA).

 International Court of Justice rules on a group of disputed Caribbean islands, confirming that they belong to Colombia, not Nicaragua. But it expands a disputed maritime-border in favor of Nicaragua.

Nicaragua begins constructing a new $50 billion canal linking the Atlantic and the Pacific oceans. It will be longer, deeper, and wider then the Panama Canal.

The International Court of Justice rules in favor of Costa Rica in its long standing border dispute with Nicaragua.