At the same time as maintaining strong cooperation ties with the United States in the fight against drug trafficking, Nicaragua is carrying out naval exercises with the Russian Navy.
An article on Actualidad.rt.com reports that "... Russia and Nicaragua carried out these joint exercises in the Caribbean Sea in recent days in order to help combat illicit trafficking of drugs and put an end to the use of Central America as a main transit corridor.
This compromises the integration in the region, because it will never be a good idea to do business with someone who has a gun in their hand.
Integration assumes there is a common set of rules based on a philosophy which is also commonly held by all participants in the group. The Central American countries have - so far - rules that allow the development of their economies according to liberal criteria which - below the relationship between companies - leaves out force as a factor in conflict resolution, appealing - always - to systems of justice.
The delivery of a 100 year concession award for an Inter-oceanic Canal to a company without the capital or experience to carry out a project of this magnitude could be the result of a brilliant long-term operation by the Chinese government.
By Jorge Cobas
As a commercial project, the Inter-Oceanic Canal in Nicaragua is economically unfeasible, in particular because the uncertainty over the return on investment to be made is so large. But for a country destined to be a world leader, as is China, for whom $40 billion is a small thing, possession of a dominion over a waterway in the backyard of its greatest commercial competitor makes this investment a bargain.
The US Navy is going to reactivate its Latin American command, the Fourth Fleet, for the first time since 1950.
The Fourth Fleet was deactivated in the wake of the second world war, but as of July 1 the US Navy will once again have a high-level command specifically charged with supervision of its units in Latin America and the Caribbean.
Key representative/s from the Guatemalan Exporters’ Association last 13-15 October attended the 8th TPO Network World Conference to exchange ideas and best practice around stimulating export-led economic growth and meeting the urgent challenges in the sector.