Brazilian and Chinese authorities are evaluating the construction of a railroad to the Chancay mega-port in Peru through Acre, near Bolivia, to Bahia on the Atlantic coast, which would reduce the maritime trade distance to Asia by approximately 10,000 kilometers while easing reliance on the congested port of Santos, Planning Minister Simone Tebet explained.
Brazilian President Luiz Inácio Lula Da Silva Thursday told his Paraguayan colleague Mario Abdo Benítez about his intentions to reorganize Unasur and reinforce Mercosur's unity. Lula and Abdo met at the Itaipu hydroelectric power plant in Foz do Iguazú.
Bolivia's Foreign Trade Vice Minister Benjamín Blanco downplayed any risk that Brazil might opt out of the Bioceanic Railway Integration Corridor (CFBI) after the Brazilian ambassador said on Friday it was not a priority, amid fears that given the political differences between the two countries, the Bolsonaro administration might prefer a similar project with Argentina and Chile.