Nicaragua wants to attract Russian investments through productive projects, investment protection, education and cooperation worth a total of $600 million, the government said.
"The Nicaraguan Minister of Development, Industry and Trade (Mific), Orlando Solorzano, who heads a large delegation from the Government of Managua will travel to Russia on Monday (January 23rd ), according to the Sandinista station ‘Radio Ya’ taking to Moscow 'a series of projects' worth some 600 million dollars, which, if approved, would begin to unfold over the next two years. The projects to be offered to Russia are in the productive, agricultural, cultural, educational, fishing, and tourism sectors, among others, the official said, " in the online edition of El Nuevo Diario.
Other projects planned include the promotion and reciprocal protection of investments, cooperation in the field of research and peaceful use of outer space, as well as the establishment of a Nicaraguan cultural center and a in Moscow Russia in Managua.
"Solórzano said that such agreements are not new and recalled that in 1982, during the first Sandinista government (1979-1990), both countries signed an initial bilateral trade cooperation agreement," reported the website.
Source: elnuevodiario.com.ni
More on this topic
January 2012
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Both Governments signed a cooperation agreement in areas of science, technology and tourism.
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August 2009
In the upcoming negotiations between C.A. and E.U., Nicaragua will propose that products from free ports are accepted in the European market.
Orlando Solórzano, Nicaraguan Industry minister, considers the acceptance of free port products in Europe as a key issue for Central America.
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