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Costa Rica pours cold water on Nicaraguan Canal

Monday, March 2, 2015

The proposed transoceanic canal being hyped by Nicaragua could benefit Costa Rica, but Manuel González, Costa Rica’s foreign minister, warned it could also wreak unintended environmental damage on both countries.

In an interview in Washington, González said the Nicaraguan government’s insistence on building the 278-kilometer waterway with Chinese funds is a $50 billion gamble shrouded in secrecy.

Source: The Tico Times