Nicaragua courts Russian investment

Laureano Ortega (center left) led the Nicaraguan delegation to Moscow, where they met with Russian counterparts led by deputy Foreign Minister Sergei Ryabkov (center right)

official press photo

Laureano Ortega (center left) led the Nicaraguan delegation to Moscow, where they met with Russian counterparts led by deputy Foreign Minister Sergei Ryabkov (center right)

(posted March 24, 8:20 am) — The Sandinista government’s efforts to rekindle relations with Russia took another step forward this week when a Nicaraguan delegation led by the president’s son traveled to Moscow to smile at Russian officials in an effort to attract aid and investment.

- payin the bills -

According to a government press release, presidential offspring Laureano Ortega, a former opera singer who now heads most of Nicaragua’s official trade and investment missions abroad, met this weekend with Russian counterparts led by deputy Foreign Minister Sergei Ryabkov, who co-chairs the Nicaragua-Russia Mixed Commission. The press release, which offered no specifics, says the commission discussed possible Russian investment in the areas of pharmacology, vehicle and air transportation, training in disaster preparedness, trade, and financing options for Russians who want to invest in Nicaragua.

The Moscow grip-and-grin comes amid escalating Western concerns over Russia’s takeover of Crimea and amid local concern over rumors about Russia’s motives for wanting to build a military base in Nicaragua.

- paying the bills -
- paying the bills -

Related Articles

Nicaragua still the country with the greatest mobility in Central America in times of pandemic

TODAY NICARAGUA - Eight months after the first case of Covid-19...

Nicaragua restores 95% electricity service

TODAY NICARAGUA - After the damages caused by Hurricane Iota a...


Rosario Murillo: La Heredera (The Heiress)

Rosarion Murillo, the "eternally loyal" to her husband and political partner, Daniel Ortega. In a profile by Confidencial in October 2016, before her election as...

Better Air Connectivity Between Nicaragua and the US

The private companies' association is in talks with United Airlines to promote the opening of a route that connects Nicaragua with the east coast...

Nicaragua Unveils Central America’s Largest Baseball Stadium

Nicaragua has unveiled its long-awaited baseball stadium in Managua, replacing the former baseball field built in 1948. The new structure will hold up to...

Bianca Jagger Gets Into The Nicaragua Act Again

(American Thinker)  Remember Bianca Jagger? You know, the disco queen and former rock-star's wife turned leftwing "human rights activist" who was last seen mourning...

What Are Some of Nicaragua’s Popular Food?

TODAY NICARAGUA - Nicaragua is an interesting place, with a tumultuous history and a relatively peaceful present. and even if many things can be...

Nicaragua Praised by the IMF

The IMF noted the positive evolution of all the country's economic indicators, and the drastic fall in poverty, with an increase of 33% in...

Poll Shows Declining Expectations on a Nicaraguan Canal

According to the results of the most recent survey conducted by Cid Gallup, the Nicaraguan interoceanic canal project, a concession given to the Chinese...

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.