Category: Peru 🇵🇪

China’s Cosco Shipping retains exclusivity over Peruvian megaport following law change

The approved modification focuses mainly on the exclusivity of port services granted to the owners of private ports for public use.

Peru seeks to improve the FTA with China ahead of APEC summit

Peru seeks to improve FTA with China at APEC 2024 to strengthen its trade position.

Possible law change complicates Chinese company’s control of the Peruvian megaport

The National Port Authority (APN) presented a project to change the National Port System Law (LSPN), which would affect the exclusivity of Cosco Shapping Ports for the use of the new port of Chancay.

Peru seeks to revoke exclusivity agreement over Chinese port

The construction of the port of Chancay in Peru, led by COSCO Shipping, is affected by a lawsuit from the local port authority to annul the exclusivity agreement.

Chinese company to build $405 million dollar port in Peru

Peru awarded Chinese company Jinzhao the construction of the new port terminal in San Juan de Marcona, with an investment of $405 million.

China holds Two Sessions, its biggest political event of the year

China kicks off the “Two Sessions”, the country’s most important annual political event. The Peruvian congressman, Edgar Tello, raised the need to focus on technological development and cooperation in education.

Peruvian exports to China quadrupled from 2010 to 2023

Peruvian exports to China quadrupled between 2010 and 2023, 14 years after the signing of the Free Trade Agreement (FTA) between the two countries.

China and Peru are set to inaugurate the mega port of Chancay

The President of China confirmed his attendance at the inauguration of the Chancay Port Terminal in Peru, which is crucial for the Chancay-Shanghai route

China increases control of Peruvian Energy Supply and state influence

The growing control that China is exerting over Peru’s critical infrastructure has become a matter of increasing concern.

Perú and China strengthen their relationship as strategic partners in various bilateral aspects

Various aspects related to commercial cooperation between Peru and China were highlighted during an event at the Peruvian Congress. The meeting, led by congresswoman Silvia Monteza Facho and with the participation of Chinese Ambassador Song Yang, emphasized the longstanding cultural and economic exchange between the two countries.
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