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Nicaragua turns to Russia for farm investments

Wednesday, March 30, 2016

Nicaragua is expecting Russian investors willing to inject money in the development of local land, Nicaraguan Deputy Foreign Minister Luis Alberto Molina said Wednesday.

"Out of 4.9 million hectares available in the country, only one million are cultivated. The rest is waiting for the Russians and other foreign investors who are willing to come to us," Molina said, addressing the Russia-Latin America Business and Media Forum.

Source: Sputnik