Brazil plans to export soy, corn, and other goods via Peru's Chancay port, controlled by China, as an alternative to the Panama Canal.
Brazil seeks to export soy, corn, and other products through Peru's China-controlled Chancay port, per Peruvian Economy Minister Jose Arista. Brazilian Planning Minister Simone Tebet visited the port, discussing its potential as an export route. The port offers Brazilian exporters an alternative to the Panama Canal, cutting transit time by two weeks. The Peruvian terminal is the first under Beijing's control in South America.
March 14, 2024
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