Russian authorities announced they must reevaluate the conditions for the construction of an inter-oceanic channel in Nicaragua.
A year ago, Russian president Dimitry Medvedev agreed to analyze the participation of Russia's private and public sectors in the construction of a $18 billion channel linking the Pacific with the Atlantic Ocean through Nicaragua.
Following the announcement by the Europeans of their willingness to "listen carefully" to its requests, Nicaragua is going back to the Partnership Agreement process.
Nicaraguan negotiators had abandoned what was the seventh round of talks for the Association Agreement between Central America and the European Union because its proposal to create a 60 billion Euro common fund for economic and financial assistance had failed to be tabled for discussion.
The negotiations for the Association Agreement between Central America and the European Union are the stage for mutual accusations.
The persistent refusal by Costa Rica to integrate the Central American Parliament and the Central American Court of Justice is at the center of the obstruction allegations in the negotiations of the Regional Agreements with the European Union, which should be finished by May of this year.
Nicaragua has no plans to nationalize the Spanish electricity company Unión Fenosa in the way that Bolivia's president, Evo Morales, has expropriated foreign energy companies, Nicaraguan Foreign Minister Manuel Coronel said.
"We haven't thought about that kind of nationalization because that's not the government's line at the moment," Coronel said.
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