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Meeting with the Delegation of the European Union in Central America 2015-2-5 22:00

Mr. Bernard Li, Deputy General Manager of the Public Relations Department met on February 2, 2015 in Managua with the Delegation of the European Union in Nicaragua, Costa Rica and Panama, and to the Central American Integration System, headed by Ambassador Mr. Javier Núñez Sandomingo. Both sides exchanged views on the Nicaragua Grand Canal Project in an atmosphere of cordiality and frankness.

Mr. Sandomingo said that the Delegation of the European Union (EU) has been following the progress of the project, particularly with respect to important issues such as environmental protection, land acquisition, resettlement and compensation to properties.

Mr. Li briefed Mr. Sandomingo on some of the companies from China, Australia, Europe and the United States that are working with HKND Group at the Interoceanic Canal Project, the work and efforts made by HKND for the protection of Lake Nicaragua, the ecosystem, archaeological sites considered as cultural heritage, and the respect for private property and investments in the Canal route, etc.

HKND Group reiterated its commitment to working continuously in accordance with the international best practices in all stages of the Project, based on the principles of legality, transparency and fairness. He also explained the different modes designed for fair, equitable and transparent land and property acquisition and compensation along the Canal route.

Also attended the meeting were Mr. Giovanni Di Girolamo, Deputy Head of the Delegation of the European Union in Nicaragua, Costa Rica and Panama, and to the Central American Integration System and Mr. Andreas Haack, Head of Politics, Trade and Press Section.