Santos said the idea is "Advanced".China is in talks with Bogota to build an alternative to the Panama Canal, which connects Colombian rail Atlantic and Pacific coasts said Colombia's President, Juan Manuel Santos, the Financial Times newspaper."It is a real proposal... and is very advanced, said Santos to the British newspaper in an interview published Monday.
"(The Chinese) have already been studies on freight per tonne, the cost of investment."
"I don't want to create exaggerated expectations, but it makes sense, says Santos." Asia is the engine of the global economy. »
Would the new "dry canal", 220 kilometres long, be the Pacific Ocean in a city of new-build near Cartagena les Caribbean, where the products imported from China ensamblarÃan for re-export to the countries of the Americas.
And raw materials of Colombian origin would travel in the opposite direction of China.
"Dry canal" is not the project only major infrastructure in which the two countries work together.
According to Chinese and Colombian, officials quoted by the newspaper of conversations are more advanced for the construction of a 791 km railway line and the expansion of the port of Buenaventura.
Opened in 1914, Panama channel represents about 5% of world trade. Every year it spend between 13,000 and 14,000 ships.
$7,600 Million project financing for the China Development Bank and could be operated by China railway group.
Railway would have the capacity to carry up to 40 million tonnes of goods by the Centre for the Colombia to the Pacific and, according to Financial Times, priority would be the Colombia coal to China.
The Colombia is the fifth world producer of coal, but then only in most mineral export through the ports of the Atlantic, demand is rising more rapidly in the Pacific.
And bilateral trade between China and the Colombia spent $ 10 million in 1980 to over $ 5 billion dollars in 2010, China is the second most important trading partner of the Colombia after EE.UU.
Improve transport links with Asia "is therefore a priority of the Government of saints", says the FT.
"Colombia has a very important strategic position, and we see the country as a port for the rest of Latin America, said tour of British Colombia, Gao Zhengyue China elembajador magazine."
The rail link is the latest example of loans more major China makes in developing countries.
Indeed, Chinese banks have paid more to developing countries for two years as the World Bank.
Click Read also: China pays more WB
And while the Colombia is perhaps the most Allied EE farm.UU. South America, according to Financial Times Bogota is frustrated by the refusal of the US Congress to ratify free trade agreement, signed by both Governments, four years ago already.
The newspaper added that it is of "one-piece expects to Bogota and put pressure on Washington to ratification at the Congress of the United States-Colombia free trade pact".
The idea of an alternative for the canal of Panama, led by China on Colombian territory comes also to associate with the rumors of a similar project in the Nicaraguan territory, but thanks to the financing of the Venezuela and the Iran.
In 2008 also expressed Russia an interest in the construction of an interoceanic canal at Nicaragua of a tour of the Nicaraguan President Daniel Ortega in Moscow.
Click Read also: narrow Ortega of Moscow
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