MOSCOW, March 30. /TASS/. Moscow and Managua have confirmed their intention to deepen economic cooperation between the two countries, Russian Foreign Minister Sergey Lavrov told a press conference following talks with his Nicaraguan counterpart Denis Moncada Colindres on Thursday.

"We confirmed readiness to further expand trade and economic cooperation," he said. "In present-day conditions it slightly lags behind the rates we would like it to demonstrate," the minister added.

In this respect the parties agreed on employing the potential of the intergovernmental Russian-Nicaraguan commission on trade-economic and scientific-technical cooperation, he noted.