MercoPress. South Atlantic News Agency

US backs modernization of Guatemalan Pacific port to counterbalance China's expansion

Guatemala and the United States have announced a US$ 125 million initiative to expand Puerto Quetzal, the largest Pacific port in the Central American country, in a move to counterbalance China's presence in the region through its current prevalence in the Panama Canal in addition to the projected Nicaragua interoceanic crossing already under construction. Read full article