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MercoPress, en Español

Montevideo, December 21st 2024 - 12:00 UTC

Tag: Peru

  • Thursday, December 5th 2024 - 09:33 UTC

    US financing could boost development of yet another megaport in Peru

    In the meantime, Chancay continues to grow as a key point for trade with Asia

    Peruvian media have reported on the alleged interest of the United States in funding the southern port of Corío, in Arequipa, to match the Chancay Megaport opened in northern Lima last month and built with China's support. However, there are still administrative and technical challenges to overcome before Corío can consolidate itself as a direct competitor in international trade.

  • Saturday, November 16th 2024 - 10:37 UTC

    Peru signs key FTA with Hong Kong

    Peru will become a platform of opportunities for Hong Kong businessmen and investors, Boluarte said

    Just one day after the opening of the China-financed megaport in Chancay just a few miles north of Lima, Peru signed a Free Trade Agreement (FTA) with Hong Kong to further deepen its commitment to Pacific Ocean trade. The understanding was achieved in the framework of the Asia-Pacific Economic Cooperation (APEC) Leaders' Summit in the South American country's capital.

  • Saturday, November 16th 2024 - 10:35 UTC

    Boluarte and Boric hold meeting during APEC

    Boric and Boluarte met at a time when Chile and Peru celebrated 202 years of bilateral ties

    Presidents Dina Boluarte Zegarra of Peru and Gabriel Boric Font of Chile held a meeting Friday in Lima in the context of the Asia Pacific Economic Cooperation (APEC) leaders' meeting to celebrate the 202nd anniversary of diplomatic ties between the two countries, and discuss the support to vulnerable populations, SMEs, as well as bilateral trade and other common challenges.

  • Friday, November 15th 2024 - 10:03 UTC

    Boluarte and Xi Jinping inaugurate Chancay megaport in Peru

    Chancay “is the first smart and green port in South America,” Xi Jinping highlighted

    Presidents Dina Boluarte of Peru and Xi Jinping of China inaugurated Thursday the mega-port of Chancay, some 40 miles north of Lima. The structure, built with financing from the Asian country, is expected to revolutionize South America's Pacific Ocean trade. The opening took place within the framework of the Asia-Pacific Economic Cooperation (APEC) summit.

  • Tuesday, October 22nd 2024 - 10:32 UTC

    Former Peruvian President Toledo gets 20 years in prison for corruption

    If Monday's conviction is upheld, Toledo, 78, would not be eligible to leave jail until the early 2040s

    Former Peruvian President Alejandro Toledo was sentenced Monday to over 20 years in jail for his involvement in the Odebrecht corruption scandal in which he was found to have received US$ 35 million in bribes for the construction by the Brazilian company of a road linking the two countries. The 78-year-old Toledo was deemed guilty of money laundering as well and disenfranchised for three years.

  • Saturday, October 5th 2024 - 10:54 UTC

    China-funded port in Peru poses threat to Chilean foreign trade operations

    Chancay is scheduled to open in November

    A China-sponsored mega-port north of Lima is expected to revolutionize trade between Asia and South America. It would also jeopardize the future of seashore facilities in northern Chile which might lose some of their traffic share once the Chancay Megaport is opened. Works are 93% completed and are due to be finished in November.

  • Wednesday, September 25th 2024 - 15:40 UTC

    Well-preserved Ice Age mastodons found in Peru

    The near-complete preservation of one specimen heralded possible findings of global importance if the skull is found, it was explained

    Peruvian archaeologists found the fossilized remains of three Ice Age mastodons, which shed new light on these animals' presence in the region, with further specimes hoped to be unearthed shortly as the excavations that began in 2019 in the Chambara Valley, 300 kilometers east of Lima, are scheduled to continue. The behemoths found there are believed to be between 11,000 and 12,000 years old.

  • Wednesday, September 18th 2024 - 09:21 UTC

    Peruvian President denied permission to attend United Nations GA

    Most parliamentarians agreed that the head of state should remain in the country to oversee the fight against widespread forest fires

    Peru's one-house Congress on Tuesday voted against allowing President Dina Boluarte to attend the United Nations General Assembly in New York next week, with 55 votes to 50 and 5 abstentions. Boluarte intended to be in the United States between Sept. 22 and 25 while remaining in charge of the South American country remotely.

  • Tuesday, September 17th 2024 - 10:37 UTC

    At least 15 dead in Peruvian forest fires

    Efforts from ill-equipped local communities are not enough. Help from Lima and abroad is very much needed

    At least 15 people have died as a result of uncontrollable forest fires that have affected 22 of Peru's 24 departments. Peru's National Civil Defense Institute (Indeci) said that the departments of Cuzco, Cajamarca, Huancavelica, and Huánuco were the worst affected areas. In the Amazonas region, authorities are already talking of a “catastrophe” in the midst of a historic drought after three months without rain.

  • Monday, September 16th 2024 - 10:00 UTC

    Foreign travel to Peru surges in 2024

    Peru is a paradise for cultural, nature, and adventure tourism, León Chempén highlighted

    Foreign travelers visiting Peru went up by 39.2% between January and August 2024, according to a report released by Lima's Tourism Ministry during the weekend which analyzed National Superintendence of Migration data.

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