http://www.itar-tass.com/eng/level2.html?NewsID=14730552&PageNum=0


Itar-Tass
January 18, 2010


Nicaragua invites Russia to help build canal between Atlantic, Pacific Oceans


MOSCOW: Nicaragua has asked Russia to join in the construction of a ship canal 
between the Atlantic and the Pacific Oceans. 

This issue was discussed at a meeting between Russian Deputy Transport Minister 
Sergei Aristov and his Nicaraguan Deputy Foreign Minister Manuel Coronel Kautz 
on Monday. 

“The Nicaraguan side asked the Russian side to participate in the construction 
of the canal running across Nicaragua and linking the Pacific and the Atlantic 
Oceans,” a Transport Ministry spokesman said. 

According to an expert assessment, the project will costs 18 billion U.S. 
dollars. 

Aristov said this issue would require further examination due to a change in 
economic conditions and the financial situation in the world, as well as in 
connection with the start of renovation work on the Panama Canal.
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