Nicaragua Canal

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The Nicaragua Canal is a proposed shipping route through Nicaragua which would serve as an alternative and a competitor to the US-controlled Panama Canal.

While the plan has been on-and-off for years, optimism for its completion can be attributed to the recent recognition of the People's Republic of China (rather than the Taiwan-based Republic of China government) thanks to the election of the socialist Sandinista government.^[1]^[2]

References

↑ Huizhong Wu (2021-12-09). "Taiwan loses diplomatic ally Nicaragua to China"
↑ Nicaragua announces that construction of inter-ocean canal begins this year (2014-01-13).

[1] Huizhong Wu (2021-12-09). "Taiwan loses diplomatic ally Nicaragua to China"

[2] Nicaragua announces that construction of inter-ocean canal begins this year (2014-01-13).

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