MercoPress. South Atlantic News Agency

Peru joins railroad project to Chancay to boost Chinese trade

Peru has joined Brazil and China's transcontinental railroad project to connect the Pacific coast with the Atlantic Ocean across South America, offering an alternative trade route to the Panama Canal. This railway aims to facilitate the transport of Brazilian goods, such as soybeans and minerals, to China’s Shanghai port via Peru’s Chancay port, reducing maritime trade distance by about 10,000 km and easing reliance on Brazil’s congested Santos port. Read full article