Presidents Gabriel Boric Font and Luiz Inácio Lula da Silva Monday agreed on the importance of speeding up the construction of the bioceanic corridor. They made those remarks while appearing at the Chile-Brazil Business Forum in Santiago. Later in the day, they also signed 19 bilateral understandings.
Argentina, Brazil, Chile, the United Arab Emirates (UAE), and Paraguay Friday agreed in Dubai on the sidelines of the United Nations Climate Summit (COP28) to “seek opportunities” for the highway due to link the port of Santos, in Brazil, with the Chilean ports of Arica and Iquique. Former Paraguayan President Mario Abdo Benítez has dubbed the initiative “the small Panama Canal.”