Vice President Jaime Morales carazo of Nicaragua

Vice-President Jaime Morales Carazo said transnational companies are not exempt from paying such taxes, a claim Esso denies.

Nicaraguan Vice President Jaime Morales Carazo said the government will present an economic program.

Legislative Speaker Wang Jin-pyng, left, and President Chen Shui-bian, right, listen to translations of speeches at the second meeting of the Democratic Pacific Union held at the Grand Hotel in Taipei yesterday.

Nicaraguan Vice President Jaime Morales Carazo has termed as "odious" China's requirement that Nicaragua sever ties with Taiwan first before it can establish formal diplomatic relations with Beijing.