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African and Latin American nations are boosting trade integration with Chinese-backed infrastructure, enhancing regional connectivity and global supply chain access.
Developing nations in Africa and Latin America are advancing regional integration and South-South cooperation to boost sustainable growth amid changing global trade patterns, with China playing a key role.
In Africa, deeper trade integration and policies like the African Continental Free Trade Area are seen as crucial for resilience, supported by China’s zero-tariff treatment on goods from 53 African countries and least-developed nations.
In Latin America, China’s Chancay Port in Peru, operational since late 2024, has become a major logistics hub, handling over $777 million in trade in its first five months and reducing shipping times and costs.
The port and other Chinese infrastructure projects are enhancing regional connectivity, particularly by promoting Pacific-facing trade routes for countries like Brazil and Colombia, strengthening South America’s integration into global supply chains.
Las naciones africanas y latinoamericanas están impulsando la integración comercial con una infraestructura respaldada por China, mejorando la conectividad regional y el acceso a la cadena de suministro global.