Russia May Build Long-Planned Nicaragua Canal

World | December 18, 2008, Thursday // 00:00| Views: | Comments: 12
Russia May Build Long-Planned Nicaragua Canal: Russia May Build Long-Planned Nicaragua Canal Several routes have been proposed for a canal in Nicaragua that would compete with the Panama Canal. File photo

As relations between Moscow and Nicaragua are getting warmer, Russian media report that President Dmitry Medvedev is interested in the long-planed project for a Nicaraguan canal linking the Atlantic and Pacific Oceans.

The canal, plans for which exist since the early colonial era due to the favourable geography of the area, would compete with the Panama Canal and is supposed to carry bigger ships than the existing route.

Several possible routes have been proposed for a canal in Nicaragua, all making use of Lake Nicaragua, the second largest lake in Latin America.

If built, the Inter-Oceanic Nicaragua Canal would cut time and several hundred miles off the route from China to Europe or North America.

The idea for Russian participation in the project was reportedly discussed on Thursday as Nicaraguan President Daniel Ortega began an official visit to Moscow, his first for 23 years, to discuss trade and economic issues as well as regional projects in Latin America with President Dmitry Medvedev.

Nicaragua was the second country, after Russia, to recognise last August the independence of South Ossetia and Abkhazia, the two pro-Russian breakaway provinces of the former Soviet republic of Georgia.

In September, Ortega received Russian Deputy Prime Minister Igor Sechin in Managua to discuss a Nicaragua-Russia economic cooperation programme, which was an end to the long-term virtual freeze in relations between the countries.
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» To the forumComments (12)
rstream - 28 Apr 2009 // 06:58:01

Well, you should notify Nicaraguan and Russian authorities about your official position on the matter.
They just told me they haven't been informed you're not supporting the project. lol deserves to be informed as well, they published an article about it on April 6th.

NellieotAmerica - 25 Apr 2009 // 18:14:52

Why is this old and ugly thread rearing its ugly head up again? I thought we decided that this is a no-go option back in December of last year? Let them build a second canal if they want, as long as the US doesn't have to bankroll it. Let Hugo Chavez pay for it. lol

rstream - 25 Apr 2009 // 17:28:48

1. the recession? even if they start today, the canal wouldn't be ready before the recession ends. Even better, doing the project now would create some employment when it's needed the most.

2. panama? honestly who gives a damn? If a new burger chain comes out, you don't say things like "but we already have McDonalds!" do you? If Nicaraguas canal ends up being faster, easier and cheaper, we'll use it.

3,4) Good point. But just like they still use Panama's canal today, they would use the Nicaraguan as well.

So it is economically viable for everybody, but Panama, but as I previously said, I don't give a peanut.

Dixie - 26 Dec 2008 // 18:21:36

There are four major reasons why the Nicaraguan canal will not be built in the near future (within 10-15 years)

!. The present world-wide recession
2. Construction on enlarging the Panama Canal has already begun (which, when completed, will greatly increase its capacity)
3. Russian has completed electrification of the Trans-Siberian Railway which is the quickest and easiest way of shipping containerized freight from Asia (China, Japan, and Korea) to Europe
4. China is also pushing for a full completion and utilization of a southern railway route to Europe, the "Silk Road railway"

In short, it is unlikely that a new canal will be economically feasible in the the near future

Bill - 19 Dec 2008 // 12:36:34


No, thanks. I'll leave that to the EU.

Stealthy - 19 Dec 2008 // 11:53:34

wow ... what we have here ? Russian supporters ? these Bulgarian bastards are very unreliable ! KILL THEM BILL !

Bill - 19 Dec 2008 // 11:52:54


Are you suffering from rakija fumes this morning?

No, New Orleans is not hopeless, and neither is the US economy. You underestimate our people by a wide margin. They'll survive and thrive, no matter what the government does or doesn't do. There's trouble in several places, but nowhere near the total collapse you keep trying to make other forum members believe. Our society just doesn't work that way.

As to the other stuff, we have differing ideas of what constitutes murder. If you had any legal training, you'd know that a charge of murder requires the "word of art" "unlawfully". So long as the killing is lawful, it isn't murder.

I suppose you're one of those who supports non-violence, but still wears leather shoes, eats meat, plants, etc. There's nothing you can eat or wear outside of chemically-made fabrics that something didn't have to die for. It's nature, man. Get used to it.

But so far as New Orleans is concerned, if there's going to be any military participation in the reconstruction, and I'd bet there is, it isn't a Navy responsibility. Such things as dams and levees are under the jurisdiction of the Army Corps of Engineers, but you can bet that it'll be the people of New Orleans themselves who will rebuild the city. We're not the type to sit on ruins and wait for the government to do something.

I'm sure that any military bases in the area are contributing workers and materials to the best of their ability. It's not an official thing; it's voluntary, and I doubt that the government would object in any case.

buachaill bo - 19 Dec 2008 // 11:24:06

Why,is New Orleans that hopeless.

Bill - 19 Dec 2008 // 11:14:23


"there is a great opportunity for Obama to downsize his navy and possibly reimploy the redundant sailors to rebuild New Orleans etc.

You win. Hands down, you win.

That's the most asinine proposal of 2008.

buachaill bo - 19 Dec 2008 // 10:34:58

I think they know more about what they have to do than you do?Anyway they have the money and their system is not collapsing as fast as the yankee one ,already with their naval ships operating there and with the Indian and Chinese navies patrolling now in international waters there is a great opportunity for Obama to downsize his navy and possibly reimploy the redundant sailors to rebuild New Orleans etc.

Bill - 19 Dec 2008 // 10:28:40


Wonderful? Wait till they find out how difficult and expensive that's going to be. They'll have to dig at least two canals, if not three, and through terrain which isn't the most conducive to the effort.

Panama was selected years ago for exactly that reason. It was more efficient to build there than anywhere else.

buachaill bo - 19 Dec 2008 // 09:47:18

Wonderful news.

Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria