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.
Add your comment!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.
Add your comment!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.
1 commentFormer 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.
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.
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.
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.
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.
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.
A large cloud of smoke stemming from wildfires in Bolivia threatens to cover the skies of 15 Argentine provinces and even reach the Buenos Aires Metropolitan Area (AMBA) between Monday and Tuesday, due to which “phenomena that may represent inconveniences or difficulties in the normal development in social life are expected,” according to the National Meteorological Service (SMN).