Russia and China "bury" the Panama Canal

Nicaraguan President Daniel Ortega agreed with the leaders of Russia and China on the construction of his country's canal linking the Pacific and Atlantic Oceans. Water arteries will compete with US-controlled Panama Canal and deprives Washington's strategic and economic monopoly in Central America.

Construction will begin in the fall, and the first ship will pass through the channel in 2019. The preliminary cost of the project - $ 45 billion. The depth will be 27, 6 m, width - 83 m, length - 286 km. Via Nicaragua will be able to go vessels of up to 270 ths. Tons, while the Panama Canal, even after the expansion will be able to pass ships half the tonnage. The project also includes the construction of the railway, two airports and oil.
The main financial burden is committed to take on China. Russia will provide military cover for the project. To stop the attempts to break the US plans to create a channel, Russia signed an agreement with Nicaragua.
Ortega authorized the Russian military ships and aircraft to visit the country during the first half of 2014, and to patrol the territorial waters of Nicaragua in the Caribbean Sea and the Pacific Ocean to the June 30, 2015 also addresses the issue of placement in Nicaragua of our military base.

P.S. Nicaragua was among the 11 countries that supported the position of the Russian Federation at the UN vote on the referendum in the Crimea.





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