Chancay Port Opens: A New Era for China-Latin America Trade
On November 14, Chinese President Xi Jinping and Peruvian President Dina Boluarte jointly inaugurated the Chancay Port, a massive new port located approximately 80 kilometers north of Lima, Peru’s capital. This momentous event marks the launch of South America's first smart and green port, a flagship project under China's Belt and Road Initiative (BRI).
The Chancay Port is set to become a crucial hub for trade between China and Latin American countries. By offering a modern and efficient maritime gateway, it aims to meet the growing demand for bilateral trade and foster closer economic ties across the Pacific Ocean.
The phrase "From Chancay to Shanghai" has gained popularity in Peru, symbolizing the deepening cooperation between China and Latin America. With advanced technologies and sustainable practices, the port is expected to boost regional integration and contribute to the development of Latin America and the Caribbean.
The inauguration of Chancay Port represents a significant step towards a shared future of prosperity. By enhancing connectivity and facilitating trade, China and Latin American countries are poised to embrace new opportunities and strengthen their partnership.
Reference(s):
cgtn.com