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Nicaragua Wants A Canal and Has Support From Russia and China

Article Summary:

The president of Nicaragua, Daniel Ortega, announced the creation of a commission headed by Deputy Foreign Minister Manuel Coronel Kautz and Eden Pastora, for the completion of the Interoceanic Canal Project at the San Juan River. The President says his goal is not to compete with the Panama Canal, further adding he has both interest and support from Russia and China.

Original Article Text From El Salvador via Google Translate :

Nicaragua Chooses To Build A Canal Commission

The president of Nicaragua, Daniel Ortega, announced the creation of a commission headed by Deputy Foreign Minister Manuel Coronel Kautz and Eden Pastora, for the completion of the Interoceanic Canal Project in the San Juan River, a project that General Augusto Cesar Sandino sponsoring, but with Latin American control, the newspaper said digital Telam.

Ortega said, quoted by the state portal “The 19″, “Nicaragua was historically coveted by world powers for the possibility of creating a channel across the river San Juan, to which Sandino was not opposed, but on condition I should be under the protection of what he called ‘the American nationality.’ ”

The president said his administration has taken up this proposal, which had already raised the first Sandinista government in the eighties, but said that “the country now has the necessary conditions to carry out this project, which did not happen during the early revolutionary period. ”

“They needed a peaceful country, a country with a stable, safe country, and that’s what we thank God. That’s why we have taken up the canal project based on the philosophy of Sandino’s thought,” said Ortega . “We are committed to achieve the construction of the canal through Nicaragua,” said the president, adding that this work “will not compete with the Panama Canal as this, even with the extension work that are running, not enough to maritime traffic demand in the future.

The Panama Canal “has a limit as to the sources of water, therefore can not go beyond the expansion that is now doing. We thank God we have water everywhere,” he said.

He said the canal project in Nicaragua, “may have the support of Latin American countries, as was the approach of Sandino, as well as countries such as China, Russia, and even the U.S. itself.”

Studies in Nicaragua in 2006, estimated the cost of that work in 18, 000 million dollars, would be 280 kilometers long and would require a period of 12 years to complete, and defined six possible courses for construction, provided by the great Lake Nicaragua, but only one on the river San Juan, the other by streams away from the border with Costa Rica. -Agency

Link to Original Article:

From El Salvador

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