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Russia plans to take part in Nicaragua Canal

Tuesday, May 6, 2014

Russia will take part in building the Nicaragua Canal and is discussing possible modes of cooperation, Deputy Foreign Minister Sergei Ryabkov said.

"We have discussed this multiple times with our Nicaraguan colleagues. We are looking for appropriate ways in which Russia can get involved in this project." Ryabkov said.

The planned Nicaragua Canal, which has been under discussion for over a century, is intended to become a major shipping route connecting the Atlantic and Pacific oceans.

Source: The Moscow Times